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I seriously see 6+ years of various minotiry rule in our future. This is a land divided, and the funny thing is the people seem to be urging the leaders to try and work together. I think the electorate for the most part, is far more willing to compromise than the leaders.
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I'm the polar opposite on this - I see either the Conservatives doing a good job, muzzling idiots, passing their widely supported positions and getting a solid majority next time around OR a ton of mistakes from a rookie Cabinet with no experience that hands the Liberals an easy majority in the next election. I really don't see that the Liberals will have much influence on how this goes - its up to the Conservatives to succeed or fail on their own terms.