With one caveat:
The court withheld ordering the immediate implementation of its decision by one week to allow time for an appeal to the U.S. Supreme Court.
If I were Gray Davis I would not pop the champagne corks just yet.
Update — sharp-eyed reader Scott H. draws our attention to this marvelous quote:
Attorney Charles Diamond, who represents Sacramento recall leader Ted Costa, called the decision “wrong headed” and said Costa has not yet decided on his next move.
“The fight has just begun,” Diamond told Reuters. “If (punch cards) were good enough to elect our president we don’t see why not they’re not good enough to elect our Governor.”