Chris Christie not running for president in 2012, source says

New Jersey Gov. Chris Christie has decided not to run for president in 2012, according to a source informed of his thinking.

New Jersey Gov. Chris Christie speaks during the Perspectives on Leadership Forum at the Ronald Reagan Presidential Library in Simi Valley, Calif., Tuesday, Sept. 27, 2011. (AP Photo/Jae C. Hong)Christie has called a 1 p.m. press conference in Trenton to announce the decision. His advisers acknowledged  in recent days that he was taking a second look at the race after repeatedly denying interest in a bid.

But, Christie was also quite open about his doubts about his readiness for the race and the challenges inherent in starting so late in the presidential process.
Good call by Christie.