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Let's face it. Superfights these days are rare. Most popular fighters are content to "star" in boxing "shows", where they're pitted against a beatable opponent. Wladimir Klitschko is notorious for such a thing. So was Floyd Mayweather. So are many other champions.
But on Saturday night we have a good match-up between two fighters who are both at or near their peak. Both fighters are champions and the weight (140 lbs) seems to suit both of them.
Hatton seems determined to shine in his second mega-fight. The Mayweather fight was a bit of a physical stretch (up at 147 lbs) and may have been against the quickest, craftiest fighter in the world. Hatton tried but didn't have enough variety in his attack to truly challenge Floyd.
I believe this will be a more competitive fight. Pacquiao, for all his speed, is not the craftiest fighter in the world. He's been hit solidly by skilled fighters (Marquez1&2, Morales1&2) and has only really dominated against slightly faded opponents (Morales 3, Barrera1, DeLaHoya). Especially in the Marquez fights, Pacquiao seemed really easy to hit. His dominant offense against David Diaz and Oscar DeLaHoya was largely based on their lack of effective offense.
I expect an improved offense from Hatton. In fact, I expect Hatton to be ahead after 4 or 5 rounds based on strong punching and body/head combinations. Pacquaio is tough though and has great heart; he won't be bombed out of there early. He'll be hitting Hatton as well.
For the record, I am going with Pacquaio by late round stoppage (maybe the 10th). I think that his superior determination and conditioning will make the difference. Hatton will give a good account of himself, but he'll be getting hit a lot as the fight moves on. Tired and swollen, I expect to see a battered Hatton saved by the referee. The Pacquiao machine will march on.
Expect a win for Mark's Knuckle Sandwich and a loss for Jay's Hitmen.