This is more or less a repeat of the Bush/Gore election where the same discussion over the Electoral College system became topical. Nothing came of that discussion and I would expect nothing to come of this one either in terms of abolishing the institution.
The institution was implemented to prevent "tyranny by the masses" because it was decided by the ruling elite that the American public could not be trusted in selecting their head of state. Naturally, the defense of the system will state that the Electoral College system exists to give sparsely populated rural areas their say in the election, but all excuses aside, the effective result is that the election boils down to a handful of generally otherwise irrelevant swing vote states, and that is not open to debate; the campaigns by both main parties reflect this reality directly.
What this is accomplishing however, is the increasing realization that the US citizen's vote does not matter in the presidential election. At best, it can foster belief that the system is not legitimate, or at least does not legitimately represent the majority consensus. Unless of course you happen to be the beneficiary of the system in which the popular vote was lost by your party where you can lose the vote, but still win the election.
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