Yes, I hope so too because the economy of California has a profound effect on the economy of the US as a whole.
He may find himself in the same predicament as the dog who chases the bus (what does he do with it when he catches it?).
Gray Davis was extremely unpolular in California, and the people there certainly deserve a better governor. Whether that person is a Hollywood actor, RINO ("Republican in name only"), married into the Kennedy family, only time will tell, but he doesn't have much time.