From Hotline ($):

Rep. Tom Davis (R) hinted 10/16 that he might not run for SEN in ‘08, saying at a 10/16 National Press Club breakfast that GOPers nominating via convo and ex-Gov. Mark Warner’s (D) money factor into his decision. Davis: “There are other races; this isn’t the only shot. You’ve got a very vulnerable guy sitting there in the other Senate seat right now (Jim Webb) who may or may not run in four years. And you know what? If you don’t go to the Senate, so what? I’ve been a committee chairman in the House. I’ve got my portrait hanging on a wall. I’ve been pretty productive legislatively.”
Davis “said he thinks he can win a convention dominated by conservative party activists, but he said he would have no name ID coming out of it in June.” Davis: “Our calculation has been that, if you can get everything in line, it’s a doable race. But if I have to spend eight months slogging through a party convention, talking to 15,000 Republicans around the state where they’re going to ask you how conservative you are, that does not set you up very well for a general election. … I’m reluctant to take people’s money for a Senate race that I’m not going to run. There are a lot of factors that we’ve got to weigh before it’s done, and we don’t make stupid decisions.”
Daivs “said the No. 1 roadblock right now, however, is the continually toxic environment” that GOPers face. “At the same time, he stressed that a lot can change in a year” or even when the WH nominees are chosen. “Davis has said he will make a decision” in Nov, and “he reiterated that promise” 10/16. Davis: “A good environment and a strong campaign — I’ll take that any day, Mark is certainly not bulletproof, but he has a good reputation and he’s riding high” because he left office popular in ‘06 and hasn’t had to take issue positions since then (Blake, The Hill, 10/17).