Definitely the Dutch performance is the negative surprise of the tournament.
Spain and Germany play good soccer and, IMHO, they're the favorites to the Cup. Russia may be an outsider making no little surprises. I wouldn't judge negatively neither England nor France: they played just once and they're good teams.
Anyway, as a supporter, but trying to be objective, I saw Italy playing it's best soccer in the past 4 years. Not mesmerizing at all, but honest, well structured soccer, which domesticated Spain. But they won't go to the quarter of finals... too bad...
You're right in that England, France and Sweden have their 2nd game yet ahead for tomorrow, but I honestly can't see England advancing. IMO their team is mediocre at best and Sweden has alwasy given them a hard time. For this very reason I can't see The Netherlands pulling off a miracle either, as Portugal has had their number for eternity.
I truly think that Russia has what it takes to get to the final, and I said this right from the start.