Instead of going to all the expense of flipping a coin, though, you could just take the person who seemed to get the most votes (after you've counted them all really hard to make sure you're within the margin of error). Just an arbitrary rule, no biggie.
Or have a runoff election, or have instant-runoff voting. Having elections determined by real or statistical coin-flips undermines the (important) story of self-rule.
http://news.bbc.co.uk/1/hi/uk_politics/election_2010/england...
The candidates agree, and the winner and loser both accept the outcome, works for me.
Your link to a place where they used a coin flip isn't disagreeing with him (nor really the grandparent, who wasn't claiming that you can't use a coinflip, but rather that you shouldn't use a coinflip).
"The greatest value of free elections is in all of the out-of-equilibrium outcomes that, because of the regularity of free elections, never come close to happening."
That's a very positive way to look at it. The problem of reduced legitimacy persists, though. The disgruntled Coleman supporters will probably always have a sneaking suspicion that the election was stolen from them, which tends to poison actual discourse.
Are you expecting the vote to be a proxy for the entire population of the country/state/whatever? Perhaps the entire population of eligible voters? Or, do you view it as simply the preference of those who took the time to vote?
Personally, I see little harm in disregarding the intentions of those who could vote but choose to not vote.
Issues of systemic inequalities in access to voting aside, I have little problem with viewing an election the task of accurately counting the votes of those who actually made it to the poling place. If you accept that concept, then the margin of error is extremely low – especially with electronic voting systems.
http://en.wikipedia.org/wiki/Margin_of_error#Different_confi...
In reality, you should apply a finite population correction, which would make the "margin of error" a bit smaller if you get a substantial percentage of the population voting:
http://en.wikipedia.org/wiki/Finite_population_correction#Co...