They were lining up a sequel to conan the barbarion..a real sequel! for arnold and now since he's in office he wont be able to play the role. So they're either going to get some stupid cheese dick to play him or they wont make it at all.
I don't think Arnold could pull off the Conan we all know and love anymore. His foreign qualities helped make him so great in Conan, and he's been totally Americanized. Part of me thinks that he's forcibly using the accent by now because it's a trademark of his