After FP2, I felt that the Ducati team would have a solid race. And it appeared as though the Fiat Yamaha had some work to do. Apparently, the bike set-up team of Yamaha did their job well, since Rossi and Edwards finished 1-2 in qualifying. Also surprising was the rise of Dani Pedrosa to the #3 position to finish off the front row. Fellow Repsol Honda rider, and returning champion Nicky Hayden could only muster 6th position (though considering his ~14th place after FP2, that's fairly impressive).
The 2 Ducati bikes start the race in positions 4 and 5 (Stoner/Capirossi), while Hopkins, De Puniet and Vermeulin make up the 3rd row. One has to be impressed with the work of the Suzuki team to get 2 riders in the top 10 after qualifying in this the 3rd race of the season.
I feel that Rossi/Edwards should both have decent races (maybe not a 1-2 finish, but it could happen), and that the speed of the GP7 Ducatis will be enough to keep them Stoner in the top 5.
Updates to follow.