The $60 million or more that will be spent in 2010 could go to other things, like state and congressional elections or fighting a possible SSM repeal (Maine? Iowa?) or amendment ban in another state. Those volunteers and organizers could be doing other productive things with their time. And losing in 2010, especially if the margin is greater than in 2008, will be deflating. It will harm morale. It will scare off legislators elsewhere. And it will be taken (incorrectly) as a sign that the tide is beginning to turn against SSM, with numerous political consequences in the short term. Losing doesn't mean you start from scratch the next time you try. It means you start from scratch with a bigger political, psychological, and financial burden. Waiting until 2012 would be better, in this sense, than losing in 2010 and trying again in 2012.
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