David S. Cohen has this very interesting post on that question at Faculty Lounge.
UPDATE: Upon hearing the news that Judge Walker denied a stay on appeal, but will allow a six-day window to let the defendant-intervenors seek one from higher courts, I plugged in my MagnaZen X53b Crystal Ball and turned it on. It tells me that the Ninth Circuit won’t upset the denial of the stay but the Supreme Court will, by a vote of 5-4. Is the MagnaZen X53b accurate? Well, it’s no x53d, that’s for sure, but time will tell.