In today’s podcast at 11AM Eastern,
Honduras elects Porfirio Lobo as new president
Rival Elvin Santos concedes defeat as ousted president, Manuel Zelaya, declares vote illegitimate

Profile of Porfirio Lobo (in Spanish).

Electoral map results at El Heraldo.

La Gringa‘s election day post.

In other presidential elections in the hemisphere, Uruguay elected a former Tupamaro:
“Pepe” Mujica es el nuevo presidente de Uruguay
Mujica, dirigente histórico de la guerrilla Movimiento de Liberación Nacional-Tupamaros (MLN-T), recibió nueve balazos, estuvo preso en 1970 y participó en una masiva fuga en setiembre de 1971.

UPDATE
Mary O’Grady at the Wall Street Journal:
In Elections, Honduras Defeats Chávez
The tiny country beats back the colonial aspirations of its neighbors.

Mr. Zelaya had already showed his hand when he organized a mob to try to carry out a June 28 popular referendum so that he could cancel the elections and remain in office. That was unlawful, and he was arrested by order of the Supreme Court and later removed from power by Congress for violating the constitution.

It is less well-known that as president, according to an electoral-council official I interviewed in Tegucigalpa two weeks ago, Mr. Zelaya had refused to transfer the budgeted funds—as required by law—to the council for its preparatory work. In other words, he didn’t want a free election.

Mr. Chávez didn’t want one either. During the Zelaya government the country had become a member of Mr. Chávez’s Bolivarian Alternative for the Americas (ALBA), which includes Cuba, Bolivia, Ecuador and Nicaragua. If power changed hands, Honduran membership would be at risk.

Last week a government official told me that Honduran intelligence has learned that Mr. Zelaya had made preparations to welcome all the ALBA presidents to the country the night of his planned June referendum. Food for a 10,000-strong blowout celebration, the official added, was on order.

ALBA has quite a bit of clout at the Organization of American States (OAS) these days, and it hasn’t been hard for Mr. Chávez to control Secretary General José Miguel Insulza. The Chilean socialist desperately wants to be re-elected to his OAS post in 2010. Only a month before Mr. Zelaya was deposed, Mr. Insulza led the effort to lift the OAS membership ban on Cuba. When Mr. Zelaya was deposed, Mr. Insulza dutifully took up his instructions sent from Caracas to quash Honduran sovereignty.

Unfortunately for him, the leftist claims that Honduras could not hold fair elections flew in the face of the facts. First, the candidates were chosen in November 2008 primaries with observers from the OAS, which judged the process to be “transparent and participative.” Second, all the presidential candidates—save one from a small party on the extreme left—wanted the elections to go forward. Third, though Mr. Insulza insisted on calling the removal of Mr. Zelaya a “military coup,” the military had never taken charge of the government. And finally, the independent electoral tribunal, chosen by congress before Mr. Zelaya was removed, was continuing with the steps required to fulfill its constitutional mandate to conduct the vote. In the aftermath of the elections Mr. Insulza, who insisted that the group would not recognize the results, presides over a discredited OAS.

Additionally,

Almost 400 foreign observers from Japan, Europe, Latin America and the U.S. traveled to Honduras for yesterday’s elections. Peru, Costa Rica, Panama, the German parliament and Japan will also recognize the vote. The outpouring of international support demonstrates that Hondurans were never as alone these past five months as they thought. A good part of the world backs their desire to save their democracy from chavismo and to live in liberty.