I'm going to have to disagree with appianway's view. Qualifying for National Olympiad teams doesn't necessarily correlate to VCE success; Andrew Elvey-Price, ranked near the top of the world in the International Mathematics Olympiad last year, got 43 in Spesh, whilst Alfred Liang (Silver Medalist) got 45 in Methods (in year 11). From observing year 11 scores on the whole (yes, I confess to looking to see the "top performing" year 11s...), they seem to be more or less the same as last year's.
This part is going to be controversial, but from personal experience I also think that 2010 isn't going to be particularly competitive. I would objectively consider myself socially widespread, and it got to the point where I accurately predicted around a dozen of the 99.95s from last year. My social network within the 2010 isn't necessarily as far-encompassing (in my mind), but from what I've seen we're not particularly "better" than that year within a VCE context in any sense.
Sorry if the second part made me sound somewhat pretentious/conceited. :p