According to his press secretary, Gov. Arnold will veto the state's same-sex marriage bill "out of respect for the will of the people."
AP is also reporting that, out of respect for the will of the people, Schwarzenegger may just have to forgo a second term:
The nonpartisan Field Poll found that just 36 percent of voters would support Schwarzenegger, while 56 percent would not. In February, those numbers were almost reversed, with 56 percent saying they were in favor of returning the Republican governor for a second term.
Whole thing here.