After two days of nonstop criticism, Governor Arnold Schwarzenegger said late this afternoon that he has canceled his contract as a consultant to two bodybuilding and fitness magazines.

The contract, first made public on Wednesday, was estimated to be worth between $5 million and $8 million, and critics said it amounted to a conflict of interest... especially in his veto last year of legislation dealing with nutritional supplements.

A spokesman for Schwarzenegger says the governor will continue to write columns for both Muscle & Fitness and Flex magazines, but as a volunteer. However, the governor will keep the money already paid to him over the last year-and-a-half.