Looks like Bayliss is off to a flying start with his testing at Valencia, comfortably inside of Troy Corser's fastest qualifying time from last year. It's also good to see Toseland at the sharp end. I really hope he does well this year.
Shamelessly copied from crash.net:
1. Troy Bayliss AUS Ducati Xerox 999 1min 34.9 secs
2. James Toseland GBR Winston Ten Kate Honda CBR 1000RR 1min 35.8 secs
3. Karl Muggeridge AUS Winston Ten Kate Honda CBR 1000RR 1min 36.1 secs
4. Lorenzo Lanzi ITA Ducati Xerox 999 1min 36.8 secs
5. Norick Abe JPN Yamaha Motor France-Ipone YZF R1 1min 36.9 secs
6. Ivan Clementi ITA Team Pedercini Ducati 999 1min 37.2 secs
7. Roberto Rolfo ITA Ducati SC Caracchi 999 1min 37.5 secs
8. Max Neukirchner GER Team Pedercini Ducati 999 1min 37.5 secs
9. Lucio Pedercini ITA Team Pedercini Ducati 999RS 1min 37.9 secs
10. Fabien Foret FRA Alstare Suzuki Corona Extra GSXR1000 1min 38.7 secs
[Edited on 7-2-2006 by Felix]