This raises an interesting question I think about where the line in satire, and specifically satirising Obama will be allowed to be drawn. At the end of the day Bush found himself portrayed as a chimp because of what he did coupled with silly faces he pulled which made him look like... well a chimp. No one batted an eyelid at such piss taking of course as it was merely lampooning.
To be fair, it's not inconceivable for anyone of any race creed or colour to find themselves in the same situation. i.e. stupid things + silly chimp-like faces. After all, we're human beings right? We descended from primates, so its hardly surprising that we might look and act like them occasionally. The problem though of course is that Obama is black and thus to imply he looks and acts like a chimp or some other monkey would be instantly denounanced as racist even if that intent did not exist.
I guess in way what I'm wondering really is a much wider question of how, now that he has won, the satirists and cartoonists will handle his portrayal without finding themselves accused of displaying latent racism or the like. Alternatively, perhaps, now that America has voted for a black guy to be President all the identity politics stuff will fall by the way side and what might once have been considered "racist" could just become a "joke" without hidden meanings and prejudice?