“50 out of 270 isn’t that special.”
Actually, it is special. These states are now irrelevent from the perspective of political campaigns. This is a decision they will regret come 2012.
If we can keep Red States to holding on to the electoral college, it will help a Republican sweep the board. Winning Illinois electoral votes without having campaigned there? Priceless!
Actually, it is NOT special. These four states remain relevant because of a provision which says the new system will only take effect when states having a total of 270 electoral votes have signed up to it. Until then, those states will continue to cast their electoral votes based on the current system.
I don't find it at all surprising that four states would agree to this idea. You're always going to find at least a handful of states that will adopt practically anything, no matter how foolish. I'll be more worried when the number of states passing legislation in support climbs to a dozen (with 150 electoral votes).