To be honest I reckon if Ponting captain Australia this game, India would have ended up making 100+, he's less willing to attack and more conservative. I don't think you guys are giving Australia enough credit, you're all saying India this, India that, we picked a relatively green side and the bowling, fielding and captaincy was near perfect.
I didn't watch the game. Will comment on Australia later...
Here would be my Indian side for the first ODI:
1. Sachin Tendulkar
2. Virender Sehwag
3. Irfan Pathan (India really need a settled ODI number three)
4. Suresh Raina (NB)
5. Rohit Sharma (NB)
6. MS Dhoni (capt&wk)
7. Robin Uthappa (future opener, but has excelled at seven)
8. Praveen Kumar
9. Harbhajan Singh
10. Sreesanth
11. Munaf Patel
NB: The worst of the noted players should be replaced by Yuvraj Singh when he is fit.
Ok, I have picked the team with some thought. No Gautam Gambhir simply due to his appalling ODI record in a fair few games. Poor strike rate, poorer average - how can he be persevered with? He has not even done well in domestic one day games.
Irfan Pathan at three is not ideal, I would have Yuvraj Singh at three when he comes back but Pathan averages 30 at three and has three fifties there. He also has three ducks there, but that is neither here nor there.
Raina and Sharma are pretty self explanitory. Dhoni at six and Uthappa at seven simply because he has excelled there as a chasing finisher and a quick runs at the end finisher. Kumar has to be there, he is top stuff with the new ball in domestics and gets a ton of swing from what I have seen - good batting in depth too. Harbhajan is a good container in the middle order and could work well with Sreesanth in the middle overs. Of course, it could go horribly wrong, but that is the risk. Sreesanth in for wicket taking ability, but should be on short lease.
Munaf over Ishant was not an easy choice. I guess Munaf's proven record at international level did it for me, but Ishant's fielding and great bowling in the Test series (especially the economy), leads me to think he may be the better choice. I'm really not sure about that one. I think that the quick Aussie pitches may really do his type of stump to stump bowling well.