Playoff prediction time! (will write explanations soon)
Eastern Conference:

vs.
In all honesty I expected the caps to beat whoever placed last, it was just a matter of how many games. Many people question the Caps goaltending along with their defensive play (see Umberger's comments), but in the first round, they can definitely outscore the Habs to win games.
Caps win in 5
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vs.
I think this series will be the best in the first round in the Eastern conference. Despite the Flyer's questionable goaltending, Boucher has been on a bit of a hotstreak (as far as they go for Philly goalies). It's an offensive system versus a defensive system. A HoF goalie vs. questionable backup, fun stuff!
Devils win in 5
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vs.
Probably the most boring series in the first round. Both teams play a defensive system, but one team can't score to save their lives. Both teams have goalies who have won them the majority of the season, but one team has goalie named Ryan Miller. It's going to be a long fought battle (expecting many 1 goal games.)
Sabres win in 6
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vs.
This was the hardest series to predict. I would've easily chosen the Pens, but Fleury has screwed me over enough in Fantasy to get me worried about the Pens' goaltending. These teams hate each other (based on their past 2 playoff series against each other), so it'll be a fun watch.
Pens win in 7
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Western Conference:

vs.
Good on the Avs to get themselves into the playoffs, but they used up all their energy in playing the (astounding) regular season that they've had. Of course they are playing the choke masters in the San Jose Sharks, but let's hope more of the same doesn't occur. :)
Sharks win in 4
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vs.
Battle of the rookie goalies! The Blackhawks obviously have the better forwards, but the Preds have a better defensive core. Not much to say, other than the fact that the better goalie will win the series for their respective teams. And even if the Blackhawks win, they have Hossa, so no cup. =D
Blackhawks in 5
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vs.
Probably the most exciting series in the first round. I can't wait to see what the Kings can do. Luongo hasn't been all that good since the olympics, which is one of the reasons I believe they won't win this one. Another is the fact that they're semi-banged up, and still lack a #1 defencemen. However there is a glimmer of hope for the Canucks as Quick has never been in the playoffs before, so he may be as ineffective as any other goalie.
Kings win in 7
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vs.
Experience versus inexperience, hockey town versus questionable hockey market (just kidding, they ARE viable). I don't really know what to say about this series. I don't really follow either team (except for some Coyote prospects), so I have no idea how they'll play. From what I have seen, the Coyotes
can beat the Red Wings, but I just think that they're just too good of a team (unless Lee "I'm not a Leaf anymore, time to play amazing" Stempniak scores a goal a game.)
Red Wings in 4