The weather may be slightly crappy here in Melbourne but bloody hell I love F1.
The Reb Bulls are making a mockery of everybody (pretty good for a soft-drink company

), McLaren are much better than expected, Ferrari haven't shown much in the way of pace yet but I expect much more in quals. I'm hoping Merc show some good quali pace (Michael looks very busy in the cockpit w/ lots of oversteer), and both Renault and Sauber look great.
I don't think HRT will make the 107% rule. In fact, I don't think Vigin will either. I'd nearly put money on it. Virgin were on the cusp before Vettel decided to go eight tenths faster than everybody, so it doesn't bode well at all.