Why won't we change the Electoral College?

While I await a call back from Risk Management I have been reading a a good book. "Why the Electoral College is Bad for America" by George C Edwards III.

Mr Edwards is left aghast at the lack of protest over the 2000 "selection" of the presidency. He points out that the electoral system is profoundly undemocratic, complicated,and ripe with fraud.

In the preface to the book Mr. Edwards finds it "disconcerting that the supporters of the electoral college are extraordinarly insouciant about their claims on its behalf and virtually never marshall data rigorously to evaluate their assertions."

How for instance can both big states and small states benefit from the college as has been asserted. And for those republicans who think this is democratic sour grapes, Kerry would have won with no regrets had he taken Ohio.