It looks like Bob McDonnell will take the helm as Virginia's governor. From the AP:

Republican Gov.-elect Bob McDonnell's victory in Virginia over Democrat R. Creigh Deeds was a triumph for a GOP looking to rebuild after being booted from power in national elections in 2006 and 2008. It also was a setback for the White House in a swing state that was a crucial part of Obama's electoral landslide just a year ago. The president had personally campaigned for Deeds.

Is this Obama's fault? That can be reasonably argued 'til know not when. Will he be blamed? Absolutely. Expect reasonable cogent arguments and critiques to be overshadowed by sophomoric Nobel Peace prize jabs and the like.