  By using the most recent determinations of the several theoretical and
experimental input parameters, we update the Unitarity Triangle analysis in the
Standard Model and discuss the sensitivity to New Physics effects. We
investigate the interest of measuring with a better precision the various
physical quantities entering the Unitarity Triangle analysis and study in a
model independent way whether, despite the undoubted success of the CKM
mechanism in the Standard Model, the Unitarity Triangle analysis still allows
the presence of New Physics.
