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The United States has been waiting for this moment since 1996 in Atlanta. The Magnificent Seven paved the way for the Fab Five. Did America's newest sweethearts achieve Olympic glory?

Video: Team USA's Fab Five Gymnasts Get Pumped Up

After four rotations, Team USA finished strong with solid floor routines in the team final. Gabby Douglas, Aly Raisman, Jordyn Wieber, McKayla Maroney, and Kyla Ross expressed sheer excitement as the winning score of 183.596 was posted. After Jordyn's upset at not qualifying for the individual all-around competition, she put all the tears behind her to put on a stellar performance to help her team earn the coveted Olympic gold.

Gallery: ET Slideshow: Olympics Twitpic Album

Russia won silver and Romania bronze. The mood in the arena was much different than Monday when the U.S. men finished in a disappointing fifth place in the team final.