Re: Test cricket - Stumped!
5 day draws are pretty rare now (with the exception of run-fests in Pakistan). T20 indeed is interesting, but Test cricket has become infinitely more interesting in the past decade or so, primarily because of Australia's ruthless efficiency in finishing off the games early. Even the recent Aus-Eng draw (1st Test, Ashes 2009) was a nail-biter, despite being a draw.
T20 is more suited to bring in audiences to which cricket is an alien sport. If cricket is to gain ground in USA and other countries, then T20 is the ideal format. With the attention spans getting shorter, it is extremely difficult to keep the audience's interest alive if the game lasts more than 3 hours, especially in an unfamiliar sport.