Very much looking forward the winter Olympics not least because I want to see how the ruskies cope with being genial hosts (not something they're noted for) and anti-terrorism agents, (noted world leaders and very creative at). Having KGB hero Putin as supremo just adds that bit more spice to affairs, I think he's great value. On a serious note certainly hope no nutters try to spoil the games.
Always preferred the winter games to the summer games, helps if you love snow of course but I just think the excitement value of events is much higher. My own favourites I'll be glued to are the Biathalon, a sort of James Bond event, Skiing, especially the slaloms, Ski Jumping and best of all the Ice Hockey or Fighting On Ice.
Medal table could be close between Russia and USA. Probably USA because there are so many new events now like snowboarding and freestyle showing off, which are full of grungy teen yanks. But I'm putting a fiver on Putin declaring them all gay and jailing them for two weeks and thus Russia winning. Come on you reds.