And while you may get a couple of chances on the counter, you won't get many.
More importantly, the ones you do get will be falling to Eder and Graziano Pelle, not Paolo Rossi, Roberto Baggio, Gigi Riva and the other Azzurri striking legends of yesteryear.
As for Spain, the main difference relative to 2010 and 2012 is probably in midfield.
The drop in quality may be slim, if it exists at all, but you do lose in physicality (Alonso) and althugh Xavi wasn't a holding midfielder, he had plenty of positional sense and a knack for clogging passing lanes.
The missed chances against the Czech Republic in the opener got him some stick, but since then he has scored three goals.