Which camp is right? WHO KNOWS. This could be a very bad sign for Webb. One would think he could hang in a 13:34 race no problem. Perhaps something physical is going on here. However, Webb at least thinks he's in pretty good shape, which leads me to believe he's simply a little fried right now from a lot of hard training.
I have to disagree, though, that Webb is not tough and/or that he's tactically bankrupt. He has proven time and time again that he has the goods. CAN he win when it counts? Yes. WILL he win when it counts? That's hard to say. No one knows that for sure - as someone already mentioned, ask El G circa 2000.
Let's wait a month and see what happens. Hopefully he is just training MAD hard right now, and once he tapers, he will be faster than ever. If I were a betting man, I would bet that this is the case.