Significant that Anderson has 3 wickets. 300 could still be a decent score.
I agree re the decent score, far too often media, pundits and fans alike draw a conclusion about who is on top. Maybe it sounds better to say someone is on top, but frankly 273/7 is a decent score even if it may prove below par.
We won't know for sure how good it is until England have batted, but for a (bowling) side to be on top I'd suggest they'd have to have bowled the opposition out on the 1st day or you simply can't be overconfident.
Regardless of runs scored, and you to assume the runs scored will reflect the pitch, wickets tells you a fair bit. India have lost 7 wickets in a day's play, that's 1/5 of the match and it may get easier to bat, it may get worse.
I've always been an advocate of "anything we can do, they can do". Someone told me on the 97/98 windies tour that England were going to win, I guess it must have been the 2nd Test when England had a 23 run 1st innings lead and were 200 or so for four wickets. I said "anything we can do, they can do", we lost our last six wickets for just 30 runs and a lead of 250 with six wickets in hand turned into a target of 281 - the windies chased it down with three wickets in hand, despite being 124/5 at one stage.
Point is that England are 273 runs behind, whether those 273 runs can be knocked off at all let alone for how many wickets remains to be seen. A bird in hand is worth two in the bush, until we're closing in on their 1st innings total we're behind and batting last. How many runs is bowling last worth? I wouldn't say India are in pole position, but it's interestingly or evenly poised, a shame more games aren't as open as this one is shaping up to be.
All the reporting of the Finn situation didn't produce a performance of equal note, and I'm a bit surprised at the underuse of Swann. Considering Monty's early success I'm surprised Finn got 20 overs to take 0/69 while Swann bowled just 14 overs. Monty took two early scalps, surely you'd go with a spinner over a non-wicket taking seamer?!?!?
We need to finish them off early and trust our improved batting last Test wasn't just the solo contributions telling.