I do think Pakistan has the ability to prevent becoming a totally failed state if it will give up its policy towards terrorism as a vehicle of state.
That said, the following quoted prediction seems to be mostly on mark :
"‘The Hindu’ published a Global Futures Assessment Report jointly formulated by U.S. National Intelligence Council (NIC) and the Central Intelligence Agency (CIA), suggesting that ‘by the year 2015 Pakistan would be a failed state, ripe with civil war, bloodshed, inter-provincial rivalries and a struggle for control of its nuclear weapons and complete Talibanisation.’"
* With over 40,000 Pakistanis killed in WOT by NATO forces and several thousands killed by a combination of terrorists and the military operation against them (such as zarb e azb) - indeed Pakistan has been ripe with bloodshed. The supply of gps coordinates to the American drones by the Pakistani military should be considered the epitome of this disaster.
* Inter provincial rivalries are increasingly more intense with Baluchistan taking the lead. Army operations in Sind have temporarily but forcibly curtailed rebeliions there but it can break out anytime.
* Talibanization under a different name has already taken place. Terrorists are openly recruiting; minority and liberal figures are openly disappeared including the currently missing four.
* The Pakistani economy is in shambles but well disguised. Exports, remittances and fdi have all crashed but the chinese loans have been used to disguise this catastrophe.
The only silver lining is that the biggest of the risks, losing control of nuclear arsenal has been mitigated by a combination of carrot and stick treatment from the USA as well as potential localized management by China.