Jerry Brown has indeed delivered his State of the State speech:
California High Speed Rail Blog » Governor Jerry Brown Backs High Speed Rail In State of the State Speech
He came out strong, asking if California is really in decline. He stated that the project is within weeks of releasing a revised business plan that will enable initial construction before the end of this year. He noted that expanding highways and airports and building additional runways would be even more expensive and run into even more opposition. He also noted how various people dismissed earlier projects as impossibilities, like the Central Valley Water Project, the Interstate Highway System, BART, and the Suez Canal.
So there's a chance that the CA HSR project will dodge the bullet of last-minute cancellation, the bullet that had hit projects in Wisconsin, Ohio, and Florida.