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World number one Federer bettered the record of seven successive final appearances set by Australian Jack Crawford in the 1930s but was made to work for it.
The elegant 25-year-old Swiss, chasing the only grand slam title to elude him, showed more composure when it mattered to set up a final against either defending champion Rafael Nadal of Spain or Serbian newcomer Novak Djokovic.
Fourth seed Davydenko, who failed to advance to his first final of a major event, gave his all but it was not enough.
The 26-year-old bowed out by sending a backhand wide on the second match point after just over three hours of high quality tennis. SOURCE: © 2007 Australian Broadcasting Corporation