No pun intended, but this is a golden opportunity for Oregon to poach business. My guess is we'll fail to do so, because our tax structure isn't much more friendly than California's. As a result, other states will benefit when Oregon needs the jobs so much more.
I'm glad to see California State Government has cut to the bone: http://fiercereason.com/2011/08/californias-unsustainable-existence-by-larry/