It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything.
Many Venezuelans living here in the US - mostly in Florida - are shocked about Chavez' win, some of them claiming that Chavez engaged in a little creative vote counting. Given Chavez' choice of ideology such actions shouldn't be unexpected. Chavez has created a cult of personality in his goal to create a socialist system in Venezuela. I don't see this ending well for anyone, especially not the Venezuelan people.