I am not Catholic, but the process of selecting a new Pope has been very interesting. I found a link that has a camera of the smoke stack. Black is a failed vote. White, we have a new pope. Here is the link. You can hear the street noise and see birds fly by.
Update: It looks as if after sundown, the camera is changed to view the front of the vatican. I am sure when the sun comes back up in the morning (approx. 3:00am eastern), the smoke stack will be back in the frame. There has been one visualization of black smoke. I am sure the world is watching.