Keeping my fingers crossed for them. They were knocked out in 2007 in the round of 16 by Spain, Pato and all. Hope they do better this year. Gotta love that they were not only born here, but also trained and developed here (all of them still play here, btw), instead of being just randomly exported to some European team when they were 11 or something.
A lot more about the Brasil u-20 team in their tag at the futbolita blog.