After dispatching Argentina in the last game of the preliminary round, Team USA was more than ready for Australia in quarterfinals of the 2012 Olympics. Brimming with confidence, the Americans know they're the best team left in the tournament and the clear favorite to head back to the United States with a second consecutive gold medal.

Even though this appears to be Team USA's tournament to win, the fact of the matter is that there's still a chance teams like Argentina, Spain and Russia may be able to beat the heavily favored Americans at some point down the line. Team USA may have put on an unbelievable performance against Nigeria recently with an 83-point victory and setting all sorts of records, but they have proven to be vulnerable at times.

On Wednesday, Team USA took on Australia in a win-or-go-home situation. As usually, Kobe Bryant and company were up to the challenge as they were able to get the best of the Aussies, 119-89.

During the 30-point win over Australia, LeBron James put on a show with a historic performance as he became the first player in Olympics history to record a triple-double. With 11 points, 14 rebounds and 11 assists, LeBron was near unstoppable on Wednesday with a Magic Johnson-like performance that will almost certainly stand the test of time in international competition.

Along with LeBron's impressive numbers, Kobe also got into the mix with a team-high 20 points. After struggling in the first half, Kobe came into the second half with a vengeance as he light up the scoreboard shooting 6-for-10 from beyond the arc.

Kevin Durant (14), Deron Williams (18), Carmelo Anthony (17) also pitched in for a combined 49 points. Patty Mills led the way for the Aussies with a game-high 26 points.

Team USA (6-0) moves forward and will play against Argentina once again in the semifinals on Friday.