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California Insider has the scoop again -- and some smart analysis:

.. Ransom�s post is based on a slightly ambiguous report at YahooNews.com in which George Gorton, Arnold�s chief political adviser, is quoted saying the actor won�t make a decision until after T3 has opened in all foreign markets. I just talked to Gorton and he assures me that nothing has changed. Arnold, he says, might ultimately decide not to run, but he will certainly make a deliberate decision before the filing deadline, whenever it is. �He is going to make a decision in a timely fashion,� Gorton says. He expressed frustration at being asked to answer this question 15 times a day and noted that he might have been guilty of a slight change of wording this time that fed the latest speculation. "I'll have to remember to keep answering exactly the same way every time," he said.

Gorton didn�t say this, but one thing to keep in mind is that Arnold won�t want to announce until the election date is set. If he were to make the decision and then see the election postponed by lawsuits, he�d be out there exposed as a candidate but without a race to really run in. And the infamous Davis hit machine would train its sights on him.