Full Barack Obama Victory Speech After Iowa Caucus Win

With next week's New Hampshire primary already looming over Sen. Barack Obama's win in the Iowa caucus, there may not have been time for a lengthy victory lap or champagne toast, but his supporters still found plenty to cheer about.

"They said this day would never come," Obama said, over deafening cheers, "They said our sights were set too high; this country was too divided, too disillusioned to come together around this purpose. You have done what the cynics said we couldn't do."

"You have done what the state of New Hampshire can do in five days," Obama continued, "You have done what America can do in this new year: 2008."

Emphasizing the themes of change and hope that seemed to resonate with the Iowa electorate, Obama said, "We are choosing hope over fear. We're choosing unity over division and sending a powerful message that change is coming to America."

Obama came away from the Iowa Democratic caucus with 38 percent of the vote. In second place, former North Carolina Sen. John Edwards holds a very small lead over Sen. Hillary Clinton, D-N.Y.

Edwards holds 30 percent of the vote; Clinton 29 percent. But with these few "votes" at stake, an extremely close race for second place was too close to call between Edwards and Clinton.