Here are my big swings by category:
BEST PLAY
I think this is still fairly wide open, with Birthright as a likely frontrunner should it transfer. I'm doubtful Downstate ends up in this category since it's a brand-new production. I wouldn't discount Paranormal Activity from making a run here given that it's been successful in a way that no horror play has been in recent memory. David Hare, Dominique Morrisseau, and Moisés Kaufman are all past Tony nominees (with Blueberries a Pulitzer finalist and Inter Alia an Olivier nominee) so there's really nothing at this point I would discount without seeing the new ones. (And then Lost Lear which I've heard is really good and weird, so we'll see!)
BEST MUSICAL
This seems to be Warriors vs. Paddington with Benjamin Button in the mix only if Warriors is really disappointing onstage (and if BB transfers, obviously). My gut says Paddington takes this (and that the jukeboxes fare better than Wanted and Galileo come nominations).
BEST PLAY REVIVAL
This category is unhinged. At this point, I think Downstate, Gloria, Much Ado, School Girls, Rhinoceros, and Small Mouth Sounds are the most likely nominees, with Awake and Sing! just behind. I think we can rule out A Few Good Men, It's A Wonderful Life, Other Desert Cities, and The Imaginary Invalid based on their critical receptions (and The Amish Project is unlikely as a solo show). If All My Sons comes in, all bets are off — it's understandable why Downstate wants that Best Play categorization so badly!
BEST MUSICAL REVIVAL
I have a feeling Damn Yankees ekes this one out given the strong reception in Arena Stage at DC. There may be some Jamie Lloyd fatigue by the spring and an opportunity to award Zegler instead of the production itself. Much will depend on how Lear DeBessonet reanimates Sound of Music, of course.
BEST ACTOR IN A PLAY
I think this is going to come down to Tony Shalhoub, Jonathan Groff, and Ruben Santiago-Hudson. I'd love to see Santiago-Hudson pull this off after a tremendous performance last season, too, but I give the edge to Shalhoub at this point. I guess Billy Crystal might be nominated here. If All My Sons transfers, Bryan Cranston also becomes a major player.
BEST ACTRESS IN A PLAY
This seems likely to be Rosamund Pike vs. Kara Young vs. Jessica Chastain — if the Kara Young role is markedly more dramatic than the two comedic parts she won for, I can see her taking it. Otherwise, I think it may be Chastain's moment (it would be interesting if she loses AGAIN to the star of a Suzie Miller play, though).
BEST ACTOR IN A MUSICAL
With yesterday's Purple Rain announcement, I have to say Jordan Fisher is the frontrunner. Andrew Durand will have a good shot if Benjamin Button transfers, and Raul Esparza will almost certainly be nominated, but I can't see him winning if Galileo has a short run. It also remains to be seen how James Hameed and Arti Shah are categorized as Paddington's co-performers.
BEST ACTRESS IN A MUSICAL
I know the narrative is set up as Rachel Zegler vs. Jasmine Amy Rogers, but I find it hard to imagine Zegler losing — it's already a massively acclaimed performance, and Maria is a role that will probably recede a bit in powerhouse comparison.
BEST FEATURED ACTOR IN A PLAY
Given the quality of his performance off-Broadway, I think Downstate's K. Todd Freeman comes into this season as a frontrunner. (Although let's give Danny Burstein another nomination!)
BEST FEATURED ACTRESS IN A PLAY
From what we've seen so far, if the eligibility committee places Denée Benton in this category, she'd be pretty competitive. Obviously lots still to see, but Jessica Hecht does have a role that's been nominated before (Awake and Sing!) so she may have an early edge. The big question is how the Small Mouth Sounds stars do (and if they all get placed in featured).
BEST FEATURED ACTOR IN A MUSICAL
The role Tony Hale is playing in Paddington won the Olivier this year so he may be surprisingly competitive. Interestingly, Austin Scott's role in Damn Yankees has been categorized in both Leading and Featured categories at the Tonys for past productions — if he lands here, he'd be a strong contender (as would Diego Andres Rodriguez in Evita).
BEST FEATURED ACTRESS IN A MUSICAL
The Warriors women will definitely fill out some of this category, but I expect Leslie Rodriguez Kritzer, Karen Ziemba, and/or Jessie Mueller (if she's considered featured) to contend for Paddington here, too. Let's see who the Mother Abbess is as well, but this feels like a Paddington vs. Warriors battle.