Pretty good news out of MO.
Audits can be good things, particularly when done by hand and when done to enough ballots. Now, to be sure, a flat 5% audit, while better than a flat 1% audit, may not give good confidence levels in a really tight statewide race. (Forget about congressional or more local contests.)
Perhaps one of the forum geeks can crunch the numbers to give an estimate on how "loose" the race would have to be in order for the 5% audit to yield a 99% chance (confidence) that a wrong result would be detected. 
E-Vote: Missouri Increases Security Checks on Voting Equipment
September 16, 2008
snip
Carnahan issued procedures to local election authorities that expand the manual audit conducted after Election Day to ensure that voting equipment is accurate and secure.
The required post-election
audit will increase from 1 percent to 5 percent of precincts, giving Missouri one of the highest audit standards in the country. The audit compares electronically tabulated results with a hand recount of votes in randomly selected precincts in each county to ensure the accuracy of voting equipment.
snip
http://www.govtech.com/gt/412367?topic=117671