KEY POINTS:
Wow, we are still coming down from race three.
What a race!
The Kiwis in Valencia have been going off.
It will be so interesting to see how Alinghi react in race four tonight. One more loss and they will have a bit on.
We have now seen some chinks in Alinghi's armour - namely their decision-making and the design of their spinnakers, which has shown a few flaws.
As you would expect, Alinghi aren't taking the situation too well. Alinghi boss Ernesto Bertarelli is now saying today's race shouldn't have gone ahead because the breeze was too shifty.
That is pretty hard to take from the man who selected Valencia as a venue because of its "reliable" breeze.
But as Chris Dickson would say, Alinghi is a "strong team" and will come back.
Similiar light conditions are expected for race four tonight.
