UPDATED: from CNN: "WASHINGTON (CNN) – Alaska Gov. Sarah Palin announced Friday she would not seek a second term and would soon step down as governor." Step down as governor?? We still don't have confirmation from Sarah yet.
UPDATED: Fox and CNN reported on their live broadcasts that she will not seek reelection as governor in 2010. Still awaiting confirmation.
Palin issued a press release stating that she will make an announcement today at 3pm EST...right now. I'm on it and will post it as soon as I find out what it is.