If you're just stumbling on to this story, you can read about the presumptive pick, Bp.Kicanas, and the troubles he's faced here and here. This is one of those times where the USCCB really exceeds expectations, and we should thank God for it.
Update 1: Thomas Peters has the vote counts from each round of election. It shows how close this really was.
Update 2: From Rocco Palmo's coverage of the event, the perfect picture:
Update 3: The newly elected USCCB vice-president seems pretty great, too. Archbishop Joseph Kurtz was just in the news for warning the courts that overturning the will of the people in California's anti-gay marriage Prop 8 would have Roe v. Wade-level implications for dividing the country. Abp. Kurtz has been the head of the USCCB's Ad Hoc Committee for the Defense of Marriage and Family Life.