Actually, now he isn't:
http://www.smh.com.au/sport/horserac...102-19d1i.html

At least it's only a minor injury, and he'll be back later in the season.
King's Rose is still considered a big Derby chance, but her trainer said she's more likely to go for the Oaks. I don't think any filly in NZ can beat her in that, so that's a safe target.
Jimmy Choux is back in the picture after his awesome win last week. I'm still not convinced he'll get the Derby distance, but he's obviously got the ability.
And there are a few impressive maiden winners around who haven't stepped up to stakes class yet.
It's an exciting year!