So: the referendum is over and the count is underway. I'm about to go to bed; when I wake up there should be a result. The final YouGov opinion poll today (not an exit poll) gave No a 54/46 lead, but earlier polls suggest the outcome is within the margin of error; I'd be very surprised if that final poll reflects the final count. In Edinburgh, the turnout was around 89.7% of the electorate, with voter registration running at 97% overall and more than 95% of postal ballots returned.
One thing is sure: even a "no" victory won't kill the core issue of the delegitimization of the political elite. (It has become not simply a referendum on independence, but a vote of confidence on the way the UK is governed; anything short of a huge "no" victory amounts to a stinging rebuke to the ruling parties of the beige dictatorship.) With that level of voter engagement we're seeing, and turn-out—probably setting a new record for the highest turnout in a British election—the number of "yes" votes is likely to exceed the number that would normally secure a landslide victory for the winning party in a general election: this will have serious repercussions in the long term. In event of a "yes" vote, negotiations will open over the terms of separation, and in event of a "no" vote, well ... promises were made by the "no" campaign in the last week that amounted to a major concession on Devo Max: will the Westminster parties keep those promises in the wake of a "no" vote on independence?
Anyway: I'm not staying up for the count. (I'm tired, boringly middle-aged, and the count will happen whether or not I'm glued to the internet feeds into the early hours.) Instead, I'll update this blog entry when there's a result tomorrow ... and in the meantime, open the discussion comments for a single question:
What comes next?
UPDATE: Final results: Yes, 44.7%, No, 55.3%, Turnout: 84.5% (setting an all-time record for a UK election—voting is not compulsory, and at the last UK general election, in 2010, the turnout was 65.1%).