She beat Adelina LAST year, when Adelina was still adjusting to her maturing body. Adelina is a different skater this year. When she makes a mistake, she doesn't melt down. She made it to the GPF this year, something she failed to do last year. And she skated great at Euros--she lost to Lipnitskaia, but they both scored over 200. These two ladies are formidable: make no mistake.
I don't think anyone is arguing that. The only point is: Osmond, a mystery for much of the season, looked to be rounding into good form at Canadian nationals, and at the least, lifts Canada's chances in the team even (as opposed to a month ago, when people were speculating that Lacoste would be the representative) and if she goes into the event feeling she has nothing to lose -- something none of the other leaders will likely be able to do -- she's a decent dark horse. I doubt she'll medal, or even finish top 5. But certainly within the realm of possibilities.
Actually, I'd say it as likely as the notion that all the favorites perform perfectly and the final order conforms completely to seasonal results so far. How often does that happen? Shizuka? Sarah? Tara? There will a surprise or two, that's what makes it exciting.