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Originally Posted by Eric
Need a little help on terminology here: what is a hung parliament? Is it when no one party has a majority? And, if this is the case, what's the problem 
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That's right an hung parliament is when no one party has an overall majority.
If it's an hung parliament after the next election, this will mean that one of the main parties will have to rely on support from the Liberal Democrats to form a Government. The Lib Dems will almost certainly want a change in the voting system as the price for their support.
If you got some form of proportional representation voting system in this country it will almost certainly mean the end of one party domination.
The Tories don't want this. To balance the argument there's a few in the Labour Party dont want it either.