Their election coverage is no different from the other channels; they still prognosticate based on exit polls which are notoriously inaacurate, and they call races based on flimsy vote totals.
I seem to recall they were not always this bad...in 96-00 it was a pretty good network. It started going downhill in terms of all the stupid stuff after 9-11. It became more about finding one sensational story after another. The ratings confirmed that this is what the public wants.