Two good/popular theories from the information we have.
1. A botched circling
2. Tracking VOR instead of ILS
Both theories require the stars to align for this accident to happen though, it's hard to imagine either scenario playing out the way it did under normal circumstances. Perhaps normal circumstances/operations weren't going on at that point in the approach (an emergency or abnormal operation that contributed)?
I personally can't see why else you would be that far off track on an ILS approach, assuming the equipment was fine.
As to what was going on in the cockpit, without the recorder information its educated guess work at best, mostly by people that don't fly the hardware or the company SOP's (myself included). I think this topic has been beat to death and it will be interesting to see if one of these was the cause or if its something completely different.
Not much else to do at this point but sit and wait for a press release or leak.
Good investigation work guys
