A group of us were fortunate to spend a few minutes with a very well-known Canadian hockey celebrity about 25 years ago. I cannot recall what led the conversation in this direction, but he said that if the Germans ever decided to dedicate themselves to hockey, they could be a real power, given their characteristics(precision, strength, etc). While today's result is hardly validation of that statement, it would certainly German hockey is on an upswing.
BTW, the person who told us this? Don Cherry.