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it all depends on what the 9th circuit does. First, what happened today. The State Supreme Court of California ruled that proponents of a initiative have the right to assert the state's interest in defending the initiative if the state refuses to do so. This allows them to sidestep the idea that in order to be able to bring a suit you must have an specific identifiable interest not a general interest.
It seems the court based this on state cases and a broad state right to defend initiatives. Thus the federal court could decide to not accept the ruling. That is unlikely but possible. The Supreme Court can also revisit the standing issue when they get the case, which I think is somewhat more likely. If the feds end up disagreeing with California then this decision is nothing and California will have marriage equality.
It could be a good thing if the case goes en blanc to the 9th circuit or to the SCOTUS and the ruling is upheld on the merits. Then not only would we have marriage equality but all government discrimination (state, local, fed) would disappear. This would, of course, be an amazing result.
It could be a bad thing if the SCOTUS overrules the case. It will all depend on Kennedy and maybe Kagan (who is on the record saying there is no 14th Amendment right to marriage equality).
Today may have been an important day, but we won't know for at least a few years.
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