The staffing begins, starting it seems with Rep. Rahm Emanuel as chief of staff:

A top priority would be picking a White House chief of staff to help manage the appointments to come. Democratic officials told NBC News that Illinois Rep. Rahm Emanuel was offered the job, which he accepted....

Obama may be able to unveil selections for positions such as Treasury secretary and secretary of state within days. Speculation was already rife about several names for those prominent posts...

For secretary of state, Massachusetts Democratic Sen. John Kerry, former diplomat Richard Holbrooke, outgoing Republican Sen. Chuck Hagel and former Georgia Democratic senator Sam Nunn are among the names in the mix.

First we had the veepstakes, now we have the Cabinetstakes. And Sam Nunn made both lists!

UPDATE: The AP has the story too, with this little nugget:

Several Democrats also said Massachusetts Sen. John Kerry was actively seeking appointment as secretary of State in the new administration.