It looks like the Kings' are staying in Sacramento. I had been putting the odds of that as 1 in 3, so I view the announcement of the NBA committees unanimous recommendation to vote against moving the francise as a bit of an upset.
Last year, I was against the railyards arena proposal, but I think that the new downtown plaza plan is significantly better, enough so to move me to a neutral position on the wisdom of the city's arena subsidy. (See this post for my initial reaction to the new proposal.)
Although it has been a painful year of uncertainty, it looks like things may work out significantly better for Sacramento because the Maloofs' backed out of the original deal.