Quoting their official website:
Early Ballots Yet to Be Counted
November 9, 2006 - PHOENIX - As of Wednesday afternoon, the Maricopa County Recorders office had 250,000 early ballots remaining to be counted. The Recorders office can count 25,000 ballots per day so the counting is expected to take 10 days. The Arizona Secretary of States office on radio estimated a total of 350,000 ballots statewide remain to be counted. Currently, Proposition 107 is behind by about 32,000 out of over 1.1 million votes cast. Updates are expected around 5:00 PM each day.