This is what accuweather has to say about the developing low....I agree with there outlook.

AccuWeather.com is forecasting an active tropical season, and although Friday is only the first official day of the 2007 Atlantic Hurricane Season, we might already have something to watch. A tropical low will be developing over the northwest Caribbean over the next two days, and upper-level winds will help to pull this storm northward. While it is unlikely that this will become a strong tropical system, it will have to be monitored for development. There is a good chance that much of the Florida peninsula will receive significant rainfall from this system, and there are indications that it may reach northward into Georgia and the Carolinas. After several months of abnormally dry weather, any rainfall is welcome, and a big rainmaker like this would be a blessing.