I think they expected the "Nazi dad" story, the "anti-gay" story, the "sex fiend" story, and the "nude photos by Mapplethorpe" story to do the heavy lifting. Just shows how badly they misread Arnold's popularity, which may have actually been boosted by showing his wild past.
They probably have a nasty little hit piece scheduled for election eve, but that was probably just expected to seal the deal and keep the pre-election focus vaguely hinting at scandal, just like the Gore team and the "Bush DWI" story on just prior to that election. Their problem with this is that a story like that is not going to come close to eliminating a 15 point gap.
"Schwarzenegger said that Mr. Davis was a captain who had led his ship aground and that the final days of the campaign were sure to be bloody ones. "Let me just now tell you something, this is now hand-to-hand combat, we are in the trenches, this is war," he told a crowd of 2,000 in a hangar here this afternoon. "Desperate Davis is going to do all kinds of tricks. He's going to start a dirty campaign now. We know how he is."
Forewarned is fore-armed. I think that the Schwarzenegger campaign is ready for Davis to do his worst.