Two rounds are in the books and it looks like at least 15 players have a legitimate shot at winning the Masters title. Trevor Immelman, Brandt Snedeker, and Ian Poulter are not battled tested when it comes to major championships, but all three are very talented and have the ability to post two more good scores and win.
You have to consider Phil Mickelson the favorite at this point. He's only three back and he knows how to win here. He's not playing perfect golf, but he's getting some breaks and not making any stupid mistakes.
Watch out for Mike Weir. The former Masters champion posted a 4-under 68 on Friday and picked up a lot of momentum in doing so. Like Mickelson, he knows how to win on this golf course.
Although he's 7 back, Tiger is still Tiger. He can make up that deficit, but he'll need to hit it much better and make some putts as well.
Rain is supposedly coming so the course figures to get tougher. It should add to the excitement of the next two days.