1. Australia - best leg spinner of all time (Warne), strong opening pair (Lee, McGrath), experienced, proven attack and lots of quality back up options (MacGill, Gillespie, Clark, Bracken, Cullen)
2. England - amazing quartet of quicks but lack a quality spin option.
3. South Africa - wicket takers (Nel, Ntini) and economical (Pollock). Have the best fast bowler in tests at the moment (Ntini). Lack a good spinner. Not many good back up options apart from Steyn.
This would be followed by Pakistan, India, NZ, SL, WI