The first ballot of the conclave resulted in black smoke, as was expected.
The above link will bring you to a live feed from the Vatican showing the chimney on the Sistine Chapel.
This is the first conclave with Internet access for many people. You can work on your computer with the little window open and know immediately when a pope is elected. It's interesting to see the blend of the old and the new. Even though we're getting it on the Internet, it's still the same method of sending up smoke to let the world know about the papal election.