For Thorpe, one suspects, it is the defining race, the one he can't afford to lose. When he dipped into Phelps's territory last year in the 200m medley at the world championships, he was soundly trounced. Now Phelps, who actually had no need to tackle this event but did so because "I love racing the very best", is stepping into Thorpe's domain and needs to be put in his place.