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Ok, I did some quick Math using the 2006 formula:

Here's how it stands: According to FIFA calculations, 1st place gets 32 pts...2nd place, 31 pts and so on

Standing (Pts)
Dutch/French

02 WC (33.3%): 0(0)/28(8) (Looks like FIFA awards 8 points to all the last place finishers in the group stage of WC)
06 WC (66.7%): 9(24)/2(31) (the Dutch lost in the 2nd round and I placed them 9th based on their finish in Group game points table)

Total WC pts: 16 (Dutch)/23.33 (French)

Nov 09 Rankings (33.3%): 3(30)/9(24)
Dec 08 Rankings (33.3%): 4(29)/12(21)
Dec 07 Rankings (33.3%): 9(24)/7(26)

Total Ranking pts: 27.67 (Dutch)/ 23.67 (French)

OVERALL Points: 43.67 (Dutch)/ 47 (French)

I'm surprised at how close the point difference is. Of course, the FIFA can come up with a totally different formula for the 2010 draw. If the seeding formula remains the same as 2006, which ever seeded team is going to draw the Dutch are 17ed. They seem to be in terrific form.

PS: If you take the 1998/2002 formula into account where they take the previous 3 WCs (50%, 33.3% and 16.7%) into calcualtions instead of only the previous 2 (66.7% and 33.3%), it still is slight advantage to the French as they won the WC in 1998 (The Dutch finished 4th).