The judge has ruled that the recall elections may go forward, although this may not be the last word on the issue. The Colo constitution says that a recall election must be held within 60 days of the petitions being certified. Those petitions were certified on July 5. The governor hasn't set a date as he believes that shouldn't be done before all the legal foot-dragging is completed.
There is also the matter of getting replacement candidates on to the ballot, which must be done by petition. This can't start until an election date is announced, and calling an election to be held Sept 5 on Sept 1 would handicap opponents.
The Dems who are in a position to monkey wrench the process are doing everything they can to this end. An appeal to the Colo Supreme court of the district court decision is expected in spite of losing with the state A.G. and the district court.
The most important part of any politicians job is to get reelected. This includes avoiding getting unelected.
Update: More details on the ruling here from local (KHOW) radio. Judge says Governor was right to wait for the ruling. Judge also says the foot-dragging is OVER. Get on with it. Here's your lunch AND your head. Have a nice day. The first 10 minutes of the show are quite entertaining.