Chavez not chagrined

I have been a bit out of pocket since last Friday, so I hadn't heard until this evening that Chavez' ballot-box revolution had failed. That's encouraging, but Chavez--a masterful politician, is keeping his chin up ("Venezuela's Chávez defiant, despite defeat" | csmonitor.com):

Venezuelan President Hugo Chávez says the time has come for "profound reflection" following his first electoral defeat in nine years at the helm Sunday night.
. . . .
But Chávez's acceptance of the results has strengthened his democratic credentials, and analysts say he'll use that to push his socialist "revolution" just as fervently as he has been.

Well, it depends on how you define "democratic." The article continues:

"Speculation has begun to mount about how and when Chávez will attempt to push some of the reforms into law, whether unilaterally by decree or through the National Assembly, which he dominates. He also controls the country's courts, most of its media, and almost all local and state governments.
. . . .
But Chávez has the power to pass any law unilaterally, until August 2008, that does not explicitly contradict the current Constitution. During that time, analysts expect him to pass such reforms as a 36-hour workweek, universal social security, and a fund for independent workers."