Today's daily Southern Swing State Watch (TM) report:

North Carolina is still the closest toss-up race in the South for president -- and is growing tighter. Florida isn't far behind.
SOUTHERN SWINGABILITY RANKINGS* as of 10/28/08

1 - North Carolina - Obama +1.7
2 - Florida - Obama +2.6
3 - Georgia - McCain +4
4 - Virginia - Obama +7.6
5 - West Virginia - McCain +9.7
By way of comparison, here's where things stood last week:
SOUTHERN SWINGABILITY RANKINGS as of 10/23/08

1 - North Carolina - Obama +2.2
2 - Florida - Obama +2.5
3 - Georgia - McCain +5.5
4 - Virginia - Obama + 7.2
5 - West Virginia - McCain +8.3
As you can see, the biggest changes seem to be happening in North Carolina (the race is tightening) and West Virginia (McCain consolidating his lead). McCain is slipping in Georgia, but probably not enough to tip the state. Virginia and West Virginia are settling into the Obama and McCain columns, respectively.

* The Institute's Swingability Rankings measure states by how close they are in the presidential race and the degree to which they could "swing" either way, using an average of the polling trend estimates at Pollster.com and the state projections at 538.com.