What do you think about Ferrari chances of winning the F1 title for 2008..

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Since lots of thing happened in the F1 scene in 2007,e.g:McLaren Mercedes spying on Ferrari that cause them the title...Now,the 2008 F1 season that shall begin in Mac, what can we expect from the Ferrari Team this season?Are they competitive enough with their new car??Will they be effected by the return of Fernando Alonso to Renault??What do you think about them keeping the distance far away from McLaren Mercedes,Renault and BMW???