Supposedly, this will spoil any chance of his entering the race. I can't figure out how : how many votes did the Rapist in Chief get in CA?
At any rate, inexperienced or not, Arnold can't be any less qualified to run than Davis. His popularity MIGHT even enable him to influence the rabidly leftist legislature. Let's face it : even with Davis gone, the legislature will still be there mucking things up. Also, he apparently has a very good head for business.
Then again, if he decides not to run, I hope he'll stump for the Republican candidate that DOES run. Like McClintock, or even Riordan.