Obama needs to hold Kerry's states and add Iowa/New Mexico/Colorado. McCain can keep Florida and Ohio in his column. Iowa is practically locked down for Obama and New Mexico he has a lead outside the margin of error. He's running ahead in Colorado too.
Look at it this way: Obama isn't trailing in a single state that Kerry took, whereas McCain has almost certainly lost Iowa to Obama and New Mexico probably as well. New polls out today have Obama up more in New Hampshire and Michigan than the previous round, so it doesn't look like Palin has helped McCain all that much with undecideds, she's just helped him turn pink states red, states that were never going for Obama anyway. The GOP Convention was a rousing success in terms of getting the base behind him. Much less certain is if McCain can win the independents he needs.

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