Timbo,

I think Charlie and John are going for the 2008 games in China, but nothing have been said about the 2012 games. Most teams dont look further than the upcoming games unless they are very young or without much chance of securing a berth in the 2008 games. Motivation and the mental game is a big part of it.
We dont know if the Tornado still is olympic gear in 2012..

USA in 12, 37 and 44th position out of 49 boats at worlds with nation quotas. Doesn't look too shady for USA considering the danes with just this season on the boat is in 22nd (they have a lot of 49er experience tough). You just need to find the money to keep more teams sailing in the big events.