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It's the first presidential election in Sri Lanka since the end of a civil war which ravaged the country for more than 25 years.
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2010/images/01/26/sri.lanka.election.art.gi.jpg caption ="Long lines greet voters in Sri Lanka."]
More importantly, it's the first time that many former Tamil rebels will be able to vote since being defeated last May.
The Tamil vote, analysts say, could decide the election because the Majority Sinhala population may split their vote between the two front runners: incumbent President Mahnida Rajapaksa and retired Army General Sarath Fonseka.
Both men claim war hero status after winning the civil war.
We want to know what you think.
What do you think this election means for Sri Lankans - both at home and abroad? Is this going to be a new era of peace and prosperity for the country? Is either candidate really ready to rebuild?
Please leave your comments below.