Is Dan Onorato going to seek a third term?

I've heard rumors that Dan Onorato will announce his decision about re-election at 2PM this afternoon. Everyone has opined that Mr. Onorato will not run for Executive and will focus on running for Auditor General in 2012.

My opinion is that Mark Patrick Flaherty would not be running for Executive unless he was sure that Onorato would not seek re-election this year.