While I am a bit biased right now Spain is the odds on favorite to win the world cup. The fact they go over the "hump" bodes well for them. Not to mention our lineup is stacked with superstars all around. Casillas,Ramos,Cesc,Xavi,Iniesta,Torres. Not to mention young talent like Bojan and Pique.
The 2nd favorite has to be Argentina as usual they are stacked.