Everything else aside, after having had a look around I found another reason why Obama's election was significant. Which other country with a white majority population has or will most likely in a near future elect a black person (or at least some other representative of a minority outside of white) in the highest position of power? Not Britain, not Germany, nowhere else is Europe (that I know of) not Canada, not Australia. When you think about it this way, how likely it is this could have happened in any other white dominated country you see another dimension why this is a historic moment and how this sets an example for others to follow. It's very inspiring.