The neatest thing about democracy in its American form are voter initiatives, which, if I understand them correctly, are yes-or-no referenda on state-level and county-level issues. We don't have anything like them in British Columbia—initiatves are state-level, so the appropriate comparison is between states and provinces, not between countries—but Adam Gessaman and Ole Eichorn have posted how they will be voting in their local initatives, though only Ole has posted why he is voting the way he is voting.
This is going to be a strange election, in part because this time the only channels I have are Canadian, though they might feed in one of the American cable news networks, but in part because it's shaping up to be the closest in history (though I've seen landslide predictions from both sides). The people with money are predicting Bush, the people with polling data are predicting Kerry, and—other than the army of lawyers salivating at the chance—the only people with an interest in such a thing (i.e. the political hacks in the media) are predicting a tie. My prediction is the following: I don't know.
If you're an American and registered to vote, you might have to stand in line for a few hours, but you'll be doing what billions of others are prohibited from even asking for the right to do so. I don't care for whom you vote as long as you do it. Really.