Obama was absolutely incoherent. He would start strong, but then he would wander off on some tangent and constantly ran overtime with his answers. This is going to kill him when people realize he doesn't really know what he is talking about. It was the same problem John Kerry had, but Kerry learned to keep his answers short in the debates with our dictator in 2004.
He needs to cut out the dazzling-with-bullshit eggheaddery. He needs to keep his answers short. It's not a college class, after all.
The last question, the one asking the candidates what they didn't know, Obama turned around and acted like he knew every goddamned thing on earth. Shit. At least McCain answered the question.
What a miserable set of choices we are stuck with. Who "won" this debate? Obama might actually have better policy proposals, but it was hard to make out what they were, while McCain's proposals are awful, but at least he talks in plain English. Therefore, one cancels out the other. I call it a draw.
Update: I want to note this post and this post for mentioning the obvious fact both of our candidates are Friedmanites and would put Social Security and other entitlements "on the table." Again, why is Obama in the Democratic Party if he is not a Democrat at all? He should be fucking purged from it.