Monaco Yacht Show 2009 and the state of the market

The Monaco Yacht Show is over, and it was busy.. with plenty of industry people talking to each other! A good opportunity to discuss amongst ourselves, look at the large number of new boats (probably a record). But, with the large amount of (almost-)new yachts for sale at historically low prices, where are orders for new yachts going to be coming from?
On the way to Ft Lauderdale.. Probably several deals (in the most literal sense of the word) will be made on some great-value significant boats, while the number of yards will be reduced to the strong few in the coming 18 months or so...
Are we at the bottom yet, or is the worst still to come? Yours truly has an opinion... Apparently shared by few but the well-informed..
Your votes and opinions please!