The ICC Champions Trophy 2009 is a 2nd biggest cricket tournament scheduled to take place in South Africa in September-October 2009. It will be the sixth mini world cricket series. The ICC Champions Trophy 2009 will be contested by 8 Test teams which have been 'seeded' and divided into two groups are A and B. Group A - India, Pakistan, West Indies and Australia Group B - South Africa, Sri Lanka, New Zealand and England Sunday, 20th September: Warm-up - Sri Lanka v West Indies (07:30 GMT)
I think in this tournament Australia and India have more chance to win because both team are in form and capable to win the trophy.
Australia are still in good form in ODI's. Guess Srilanka didn't play their frontline players in that match. Remember how badly they defeated Pak. on its tour of Srilanka?