Presidential election in Iran too close to call?

[Update: Investor's Business Daily is editorializing No Change in Iran.]

Will there be an upset in Iran? The polls have been extended two extra hours due to long lines of voters ... news reports say it may be too close to call at this point. Have the hard-liners hit the end of the road? Will the Iranian people vote for a more pro-Western leader?

The Telegraph reported:

President Mahmoud Ahmadinejad has ended his re-election campaign in Iran by denouncing his opponents for conspiring with "Zionist entities" to make false charges against him. The mud-slinging shows just how rattled he has been by the challenge of the reformist Mir-Hossein Mousavi. Mr Ahmadinejad started as clear favourite but on the eve of polling the contest appears too close to call.

While the president's demagogic anti-western style appeals to Iran's rural poor, he is proving too isolationist for the tastes of the country's increasingly sophisticated urban middle classes who have rallied to Mr Mousavi with unexpected enthusiasm.

The eyes of the world are watching.