Appears to have survived Chávezism, at least temporarily. From the New York Times:
TEGUCIGALPA, Honduras — Porfirio Lobo, a longtime conservative politician, appeared to have won on Sunday in the Honduran presidential election, which many hoped could help the country emerge from the crisis caused by last summer's coup and end its isolation.
The Times, of course, distorts the story. What happened last summer did not fit the definition of a coup. A coup is when one government is overthrown by another. In Honduras the military, acting at the request of the Supreme Court, blocked President Manuel Zelaya from conducting an illegal election. The interim government that replaced Zelaya will be replaced in January by the winners of yesterday's election. Some coup.
Zelaya was seeking to become another Hugo Chávez, which is to say, another half-quart Castro. Naturally, Venezuela backed Zelaya, as did the Organization of American States. To date, only Panama and Costa Rica among regional states have agreed to recognize the elected government as legitimate. The U.S. initially supported Zelaya, but the Obama Administration has come around to supporting the new government.
The Left in Latin America and the U.S. instinctive supported Zelaya. The failure of Chávez-style socialism in Honduras is good for the interests of the United States and good for the future of Constitutional Democracy in the region.