(Half) an hour to go now, i think Indian Ocean is a good guess now, currently UARs is over the Sahara, will "leave" Africa (if it leaves) via Mozambique and Madagascar, pass near the Kerguelen Islands on its way south, goes north before the Antarctica, and will pass Australia east, maybe the north isle of New Zealand is in the "danger area".
So somewhere there they have to deal with sharp debris, let's hope for Southern Indian Ocean.
edit 3:31 AM: UARS is now over the Indian Ocean, Africa and Madagascar are "safe", next inhabited area is New Zealand's noth isle near Auckland.
edit 3:37 AM: In 10 minutes we're in "deorbit window, so Pacific ocean is likely, North America possible... (The first area were NASA said "No, no, there's no danger" was the US, good job NASA!)
edit 3:43 AM: The passed area of New Zealand is north of Auckland, a 60 km (~35-40 miles) area, would be really bad luck... Wish i would be in Auckland, think you are able to see UARS, passing time is roughly 3:54 UTC
@Thunder Chicken: Now I have to think of gambling NASA-centers "100 on Pacific" - "50 on Canada"
3:56 AM: New Zealand passed, altitude still at ~130 km (80 miles). America would be reached at 4:18 UTC, south of Seattle
4:05 AM: Altitude is 126 km (78 miles), I think Canada gets a lovely present from their neighbours...
4:15 AM: Perigee passed, UARS makes another round! Altitude: 134 km (84 miles) Infos are mostly from Twitter, twitter.com/#!/UARS-Reentry and twitter.com/#!/TSKelso
This orbit of UARS won't be over Australia, but if it doesn't burn up this one, it's possible we have Skylab 2.0 | Heavens above track of this pass:
http://bit.ly/r0ztDF