Urban planning 101 teaches one that bigger roads do not decrease traffic, they actually increase traffic.
In the case of this particular "101", that point is not yet met. However, when the cost of 6.4 miles of single-lane is $72 million, it does get a bit pricey. [1]
They are planning to add another TOLL/HOV lane for most of the corridor, and open up the existing HOV to TOLL. You might get to drive it in 2018! But I don't see cost estimates for that one yet. [2]
[1] - http://www.vta.org/projects-and-programs/highway/us-101-auxi...
[2] - http://www.vta.org/projects-and-programs/highway/us-101-expr...
/joking, obviously