In 2010 it was Ghana that almost created history. They were stopped by a penalty over the bar, or they had been the first African country in final four. Costa Rica wouldn't have been the first CONCACAF country in final four as the USA came third back in 1930. Yet it had been quite historical with first time a country outside Europe, South America, and host nation, would have reached semi final since 1930. Instead we have the two giants from South America, Brazil and Argentina, take on Germany and Holland. All four semifinalists are actually ranked top 5, so this outcome was one of the most expected one. And with ranking I mean the Football Elo Ranking, not the FIFA ranking, which no one can take seriously. Only surprise is that second ranked Spain had such an early exit.
The model predicts the most likely final will be between Brazil and Argentina, which some people probably would call the "dream final". Well that would be first time we have a World Cup Final without a European team since the legendary final in 1950. Smaller libraries have been written about that match, when Uruguay stole the title in front of a whole nation. And it seems that still today, five world cup title later, Brazilians are mourning that loss. I'm pretty sure winning the world cup against arch rival Argentina would help.
We should, however, remember the model takes no consideration at all about players' status and so on, so the fact that Brazil's most important player seems to be out and one of Argentina's best players besides Messi might be out as well should increase the chances for Germany and Holland.