Recent defeats to France and Ireland means Wales are now in seventh place on the official IRB World Rankings table
The champagne corks were popping across the Emerald Isle following Ireland's 17-15 victory over Wales in Cardiff, a result which secured a first Six Nations Grand Slam for 61 years and confirmed their position of fourth in the IRB World Rankings.
Ireland, though, did have to endure a nervous end to the Millennium Stadium encounter as Stephen Jones' penalty dropped just short with the final act of the match, but the win means they remain the leading northern hemisphere nation in the rankings.
Despite the Grand Slam success Ireland still trail Australia by 2.59 rating points, although they do now have a cushion of 1.71 points from Argentina, who climb one place to fifth as a result of Wales' two place fall to seventh in defeat.
England are the other beneficiaries, climbing one place to sixth after regaining the Calcutta Cup with a 26-12 defeat of Scotland at Twickenham, a victory which sees them finish second on points differential from France and Wales in the Six Nations standings.
France bounced back from their defeat by England the previous weekend with a 50-8 victory over Italy, although the seven-try performance in the Stadio Flaminio wasn't enough to alter their position of eighth, while the Italians stay 12th.
There was one further change in the top 10 with Scotland, who finished fifth in the standings after only one victory over Italy, sliding one place to 10th with Fiji reclaiming ninth spot by the smallest of margins, one hundredth of a rating point.
IRB World Rankings - 23 March 2009
1(1) NEW ZEALAND 92.68
2(2) SOUTH AFRICA 89.45
3(3) AUSTRALIA 85.86
4(4) IRELAND 83.27
5(6) ARGENTINA 81.56
6(7) ENGLAND 80.96
7(5) WALES 80.59
8(8) FRANCE 79.94
9(10) FIJI 75.24
10(9) SCOTLAND 75.23
Principality Stadium will host the UEFA Champions League Final in six weeks' time. WRU chairman Gareth Davies, Football Association of Wales chief executive Jonathan Ford and Ambassador Ian Rush joined young sports fans at the trophy arrival at the venue to celebrate the magnitude of the event on Saturday 3rd June (kick-off 19.45).
British and Irish Lions captain Sam Warburton is looking forward to bringing together players from Ireland, Scotland, England and Wales for the biggest challenge of their careers - a series against world champions, New Zealand.
For the fifth year running, Wales referee Nigel Owens will be in charge of proceedings at Judgement Day V at Principality Stadium. It promises to be 'extra special' for the Wales' favourite ref, as he will be making his 150th appearance in the league.
There will be no shortage of inside knowledge from Bowl Finalists Caerphilly and Amman United when they face each other on Sunday at National Finals Day. Caerphilly hooker Rhys Cleverly knows the Principality Stadium pitch better than most as a matchday groundsman, while Amman United can look to Wales' record try scorer Shane Williams for some helpful advice.
Two hundred and 40 teams competed in the inaugural Urdd WRU 7s held at Pencoed last week with Welsh internationals Steff Andrews and Jasmine Joyce impressed with the talent on display, as was Urdd chief executive, Sioned Hughes.
The countdown is on for Judgement Day V as tickets for the big day at Principality Stadium soar through the 50,000 mark. Players and coaches alike are bursting at the seams to play in the double header with Dragons coach Kingsley Jones claiming there is a 'real buzz' about the event.
WRU TV went behind the scenes when the four regions got together to test their skill set for the BBC's Scrum V Live rugby show, at the WRU National Centre of Excellene in the build up to Judgement Day V. Blues' Matthew Morgan was one of the stars of the show while the Dragons' Cory Hill proved a surprise package...the full set of results will be revealed on tv screens on matchday
Wales assistant coach Richie Pugh is confident his side can cause a few headaches in the Hong Kong Sevens this weekend. In a tough group, Wales kick off their campaign against New Zealand on Friday before playing Japan and Fiji, who are chasing their third consecutive Hong Kong title, on Saturday.
Bedwas had to overcome a stubborn Carmarthen Quins side before winning the Foster's Challenge Cup final in Bridgend with a 23-18 victory. Bedwas captain Nicky Griffiths pays tribute to his side who have claimed the club's first piece of silverware in the modern era.
Team coach Brett Davey is aiming to keep his unbeaten run in cup finals at Principality Stadium intact when his side take on Amman United in the WRU Bowl final, after he guided Caerphilly to a 20-14 win against Cilfynydd in the semi-finals.
Penallta are hoping to go one step further than last season when falling to Bedlinog in the WRU Plate Final. After a titanic struggle against Nant Conwy, they have given themselves a great chance, after a hard fought 18-13 semi-final victory.