Former Arkansas Governor Mike Huckabee announced Saturday evening that he will not seek the presidency in 2012. The announcement ends months of speculation as to whether Huckabee would step down from his Fox News weekend show to seek the Oval Office.

Well, now we know…

I’d assume that Mitt Romney will benefit somewhat from this decision. However, given Huck’s following consisted largely of social conservatives, I can’t see them hemorrhaging in bulk to Romney.

Aside from Huckabee, I’d assume former Pennsylvania Senator Rick Santorum would benefit from an open number of socially conservative voters looking for a new candidate. Still, there are many aside from Huckabee with strong credentials in this area, it could be a boost all around. Look for polls this upcoming week to give us an idea of where his supporters will land.