How many of you thought Serena had a chance of beating Maria Sharapova? How do you think she should be ranked?

Now that she has won the Austrailian open. Should Serena be ranked # 1? Serious replies only. 10 points to the most sensible answer.
How important do you think that it was for Serena to dedicate the match to her half sister? Did it have an impact on her game?