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Handicapping Phelps' run at Olympic glory

Updated: August 17, 2008, 2:20 AM ET
By Pat Forde | ESPN.com

[Editor's note: We will update Phelps' progress after each race, so check back for all the results here.]

Event No. 1: 400-meter individual medley When is the final: Sunday morning Beijing time, Saturday night in the U.S. How hard is it: Third-toughest of Phelps' eight.

It's a grueling opener, especially given the competition from fellow American Ryan Lochte. Phelps holds the world record in the event, but Lochte pressed him every stroke of the way at the U.S. trials ...

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