Good news for the pro-decriminalisation lobby: the governator today signed in to law a bill that decriminalizes the possession of up to one ounce of marijuana. The bill reduces simple possession from a misdemeanor to an infraction.
As the story notes, California had decriminalised simple possession in all but name. He's still opposed to Prop 19 apparently, but regards the current situation as economically untenable.
"Notwithstanding my opposition to Proposition 19, however, I am signing this measure because possession of less than an ounce of marijuana is an infraction in everything but name," Schwarzenegger wrote in a signing message. "In this time of drastic budget cuts, prosecutors, defense attorneys, law enforcement, and the courts cannot afford to expend limited resources prosecuting a crime that carries the same punishment as a traffic ticket."