Portugal as plenty more to offer then just Ronaldo... Yes he is important for the team but don't ignore the rest of them.. you could be in for a surprise just as Spain did. 
Rolando is the only world class player in the squad. Some of the others, such as Nani, Bruno Alves, Fábio Coentrão, and João Moutinho are really good players, but they can't be labelled as one of the best in the world.
