I reckon that Virgin are in the most uncertain position come open skies. You can't rule-out Sir Dickie to pull something out of the hat in the near future though. After all, it was quoted in a recent interview where he said he had 'given up on Michael' and dispatched his senior VA executives to Frankfurt to talk with the Lufty big brass. It's uncertain times but one we all can be certain of in aviation is change.
PS - check-out the timesonline articles from the 21st Oct'07, sheds a bit more speculation on the goings-on.