I don't think we can win test matches with our bowling at this point. We never seem to get sides out twice cheaply and unless we can prepare turning wickets which suit our spinners (at the same time ensure our batters can survive against opposition spinners) in test matches we would probably be able to draw test matches at best. Overseas, with our current pace attack, we would be hopeless.
I am very optimistic about our chances in ODI format though. Especially keeping in mind the 2015 ODI WC, we have a great chance to go in with a settled matured unit while other top teams are rebuilding