Note: All times are Central.

11:07 a.m. — Obama's sworn in and met with huge applause. He seemed a little nervous during the oath (not too surprisingly, I guess, considering the situation). Interestingly, he included his middle name during the oath — something he didn't draw too much attention to during his campaign.

11:10 a.m. — Obama starts his speech with a gracious nod to President Bush. Certainly an honorable gesture, and there was a decent amount of applause in the audience, too.

11:13 a.m. — The speech is going well, although not unlike his campaign speeches in both style and content.

11:17 a.m. — George W. Bush is shown on screen, listening intently.

11:20 a.m. — Appropriately, the theme of the speech for the last few minutes has been world unity.

11:25 a.m. — Lots of uses of anaphora scattered throughout Obama's speech — always cuing a lot of applause.

11:30 a.m. — Just finished a great speech. We're hearing someone recite a poem now (not sure what her name is). Pretty good but not as inspirational as Obama's speech — it just goes to show how incredible Obama's speeches and his delivery of them are.

11:36 a.m. — People are gradually leaving. Still, though, there remains a crowd of unprecedented size.