Speaking of spin… expect a lot of back and forth about the following numbers:

Californians For Schwarzenegger 2006: about $2.53 million raised in 2005, some $3.1 million spent, about $147,000 cash on hand.

Westly For Governor: $25.75 million raised in 2005 (about $20 million of his own money), about $2 million spent, a little more than $24 million on hand.

Angelides 2006: about $9 million raised last year, about $5.5 million spent, and close to an even $17 million in the bank as of December 31st.

It should be noted that these are not the only campaign accounts for any of these three candidates, and not everyone was focused on raising money for gubernatorial politics in 2005.

But these are the main accounts set up for the 2006 race for governor. And this year, new contribution limits kick in that will ban large six-figure single contributions of years past.

Let the spin begin.