It's very hard to say, each party seems entirely out of touch with the populace..approval ratings for each Party are starting to hit all time lows. The Republicans are still struggling with the fact that they think they're still in power. They have President Bush threatening veto on so many big issue bills, and he and the Democrats are each telling each other to be partisan. Nothing is getting done in Congress because of the fighting going on. I see right now just as high of chance the Republicans have with winning the next election as the Democrats.
Approval ratings for Congress are always low, and nothing has changed with that. Approval ratings for Democrats in Congress specifically are much higher than for Republicans, as are favorable ratings of the parties in general.
The President and his approval ratings always have and still do drive the national political mood. Congress as an institution is always disliked, but most Americans still like and approve of their own Congressman.