She definitely needs to bring new things to the table. I don't think I've seen anything new out of her since 1998, and as much as I love her, it's getting boring! Her spiral sequence is just boring now because it's like "been there, done that". She needs harder technical elements and she needs greater speed. She is working on them, but really needs to kick it in if she wants to go to the Olympics in 2006 and she needs some new spirals. This will be the biggest wake up call of her career.
Michelle is the best female figure skater ever (IMO), but you can't stand still for 6 years and expect no one to pass you up, especially when you are the one everyone is gunning for. That is exactly what has happened! It started with Irina in 2000 and spread to Sarah in 2002 and now there are three other women that are capable of beating an error free Kwan. It's only going to get worse by 2006 if she doesn't make changes.