Were a qualifying session and grand prix to be staged at Barcelona right now, the evidence of pre-season testing suggests Ferrari would win from pole position. Ferrari has won the testing war. Emphatically.
All the usual caveats apply. There won't be a grand prix in Spain until May, there's two weeks to go before the phoney war turns into something real, and teams will have upgrades to deploy in Australia. We also can't be entirely sure about fuel loads, engine modes and exact run plans. But every single indicator, whether it's short runs, long runs, trackside impressions or paddock gossip, points in one direction: Ferrari is fastest.
Straight out of the box, the Ferrari has looked like a very well-balanced, well sorted car. There's no obvious weaknesses; it turns in well, the traction is excellent, it's stable mid-corner and it is extremely driver-friendly. If the driver does make a small error, as for example Sebastian Vettel did into Turn 1 at one stage on Friday morning, it is very easily caught and doesn't cost much time. Just as in the past two years, it's a very usable racing car - perhaps even more driver-friendly than before.