BREAKING…
UPDATE: Ben Smith over at Politico has the scoop:
Webb appeared likely to face a rematch with former Senator George Allen, whom he beat in a bruising 2006 contest. He had expressed ambivalence about the prospect of another run, and has said he never planned a life in politics.
UPDATE x2: Jim Riley over at Virginia Virtucon had the scoop almost two weeks ago, though Webb’s retirement had been long rumored.