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And for thise who CANNOT attend, it will be broadcast LIVE on TV.
From http://biz.yahoo.com/bw/021002/20449_1.html:
Press Release
Source: Los Angeles Times
ADVISORY/Los Angeles Gubernatorial Debate Oct. 7
Media Registration Deadline Oct. 4; Updated Broadcast Feed Information
Wednesday October 2, 7:39 pm ET
(BUSINESS WIRE)--
WHAT: Gubernatorial debate between Gov. Gray Davis and Republican
      candidate Bill Simon Jr. Sponsored by Los Angeles Times and
      Tribune Broadcasting.

WHEN: Monday, Oct. 7   12-1 p.m.  Debate
                       1:15 p.m.  Post-debate media briefing
                                  (depending on candidate
                                  availability)

WHERE: Times Building, 202 W. 1st St., downtown Los Angeles
       - Media check-in: Globe Lobby
       - Media room: 5th floor, Times Building
       - Debate: Chandler Auditorium

DEBATE CREDENTIALS: -- Registration deadline: Friday, Oct. 4
                    -- Credentials granted on first-come basis.
                       Seating is limited.

                    -- Register: - Voice-mail: 213-237-2600
                                 - Fax: 213-346-8451
                                 - Email: david.garcia@latimes.com

                    -- Required information:
                       - Name
                       - Title/position
                       - Organization
                       - Business telephone and email address

                    -- Freelance/online media: Letter of assignment
                       also required
                    -- Current media photo ID required for admission
                    -- Media attendees must pick up their own
                       credentials

MEDIA PARKING:      -- No-host parking is available on a first-come
                       basis at 220 S. Spring St.
                    -- Limited parking for microwave trucks only is
                       available on a first-come basis in the
                       open parking lot at the corner of 2nd St. and
                       Broadway. No large satellite trucks.
                    -- Current media photo ID must be presented.

MEDIA ROOM:         -- Seating and phone/modem lines are limited and
                       on first-come basis
                    -- KTLA broadcast feed: Video/audio mult-box
                       connections on first-come basis
                    -- Working journalists only. No guests.
                    -- House TV feed of the debate will be provided

PANELISTS:          Moderator
                    -- Hal Fishman, anchor and managing editor, KTLA
                       TV News @ Ten (Tribune Broadcasting,
                       Los Angeles)

                    Panelists
                    -- Janet Clayton, Editorial Page editor, Los
                       Angeles Times
                    -- George Skelton, political columnist, Los
                       Angeles Times (Sacramento)
                    -- Randy Shandobil, political editor, KTVU TV
                       (Fox/Oakland)

POOL COVERAGE:      -- Only media pool representatives will be allowed
                       into the Chandler Auditorium where the debates
                       will be held
                    -- Newspapers: Los Angeles Times, La Opinion,
                       Sacramento Bee, San Diego Union-Tribune,
                       San Francisco Chronicle, San Jose Mercury News,
                       Grupo Reforma (Mexico)
                    -- Photo: Los Angeles Times (Robert St. John,
                       213-237-7020)
                    -- Wires: Associated Press, Reuters

TELEVISION FEED:    -- Live broadcast of the debate is exclusive to
                       Tribune stations and partners in these
                       markets:
                       Los Angeles: KTLA TV    San Diego: KSWB TV
                       Sacramento: KTXL TV     San Francisco: KTVU TV