8 p.m. ET across the dial. He leaves on a gracious note of Hopenchange:

Obama is “a man whose story reflects the enduring promise of our land,” Bush said in excerpts of his 8:00 pm (0100 GMT Friday) address, his last public appearance before welcoming his successor to the White House on January 20.

“This is a moment of hope and pride for our whole nation. And I join all Americans in offering best wishes to President-elect Obama, his wife Michelle, and their two beautiful girls,” said the outgoing president.

We’ll update with video later.

Update: Here’s the transcript of the prepared remarks. “Like all who have held this office before me, I have experienced setbacks. There are things I would do differently if given the chance. Yet I have always acted with the best interests of our country in mind. I have followed my conscience and done what I thought was right. You may not agree with some tough decisions I have made. But I hope you can agree that I was willing to make the tough decisions.”

Update: Here’s the clip.