I think Real will beat Dortmund tonight to take top spot. And although there are no easy ties I'd definitely rather take my chances with either: Benfica, Bayern, Leverkusen, Porto, Sevilla and Dortmund (possibly) than Real Madrid, Barcelona, Atletico and Juventus! We'd be hoping to get Monaco (again) or Napoli. Whereas all the runners up - provided Real Madrid aren't one of them - are beatable. Bayern aren't as good as last season and we know we can beat Dortmund.
I'm quite excited despite all the negative Nigel's with their "but we could get..." and "we're Arsenal, so it doesn't matter."