Jeff Masters analyzes new info on Sandy:

Latest data from the Hurricane Hunters shows that Sandy is intensifying as its core traverses the warm waters of the Gulf Stream. At 8 am EDT, an Air Force hurricane hunter aircraft found top winds of 98 mph in the heavy thunderstorms to the southwest of Sandy's center, at a point about 150 miles east-northeast of Cape Hatteras, NC. A dropsonde released in the eye measured a central pressure of 945 mb, but observed winds of 19 knots at the surface, so Sandy is probably a 943 mb hurricane that is very close to Category 2 strength. The Hurricane Hunters did not observe an eyewall, and saw very little temperature difference from inside to outside the eye, so Sandy is not going to be able to undergo rapid intensification. The storm could still see an increase of 5 mph in its winds before landfall tonight between 6 pm - 10 pm EDT, due, in part, to interaction with the low pressure system to its west that is pulling the hurricane towards the coast. The new, higher winds of Sandy don't have a lot of time to pile up additional storm surge water, so the NHC storm surge forecasts will probably not change today. But it is clear that Sandy is not going to pull its punch, and this superstorm is going to deliver a punishing multi-billion dollar blow to a huge area of the Eastern U.S.

Bryan Norcross' take: