I wouldn't count Monica out so quickly.
Monica is, and always has been, a woman with fire in her belly. She thrives on competition - and hasn't seen any for months, since she left the tour ailing from a consistent, if unspectacular season, in an exhausting schedule.
But when Monica returns, she often returns roaring(often audibly) with determination. Graf was the same. These great champions love competition such that when they come back thresh, they don't take prisoners - they mean war.
Monica is *still* the most formidable competitor in womens' tennis. With her body virtually falling apart - and it won't last much longer - there's no way she'd have been ranked 4th when she last played without that champion's mentality.
Before you go counting this great lady out, consider that she hasn't beaten Davenport in over 5 years, but longs to.
I'd still favour Davenport, but not by much. Monica doesn't lie down for anyone, and never has. Fearlessness has been, and remains, her trademark.