Agreed in principle. However this budget is not reasonable from a conservative point of view. If you call this budget reasonable (Arnold's proposed reforms notwithstanding), you would logically have to call Gray Davis' last budget reasonable as well.
Gray Davis' last budget was proposed during his fifth year in office. This Schwarzenegger budget is being proposed during his first. If Schwarzenegger's budget for 2006 looks anything like this one, your suspicions will have been born out. I hope they aren't, but all I can truly do now is urge Schwarzenegger to slice and dice. I hope he does.