You might have to wait about three hours for your hopes to be dashed.
8.2% reporting, question is what area.
It's close enough, so it could still change, and I hate to look forward to 8 years of Villaraigose.
They didn't issue the final bulletin in the March primary until almost 4AM.
http://www.freerepublic.com/focus/f-news/1358959/posts?page=155#155
Here's the website for election results. I would guess there will be plenty of swings as the demographically different districts report.
http://cityclerk.lacity.org/clk/election/Results.htm