To me it's quite logical that Manchester city is almost everyone's favorite to lift this year premier league title, due to their experience and debth within the ranks of their squad, but to me, I really don't think they are that good this season,
You are actually right because Manchester City last season and now are actually not the same because last season to an extend we were thinking that Arsenal will win the league but do to how consistent Manchester City is they were able to win there way to the first position and at the end wining the trophy. So actually the kind of favour that followed them last season is not longer with them on this season because for now Liverpool and Arsenal are the most favoured because unlike there last season when Arsenal was there only competitor but this season not only Arsenal but also Liverpool, although there chances are not yet over because they still have the chance to compete with Liverpool only if they can win Arsenal on there meeting and if they draw it will still affect them because Arsenal and Liverpool will still be ahead of them.
I think Man City is also in the title race, however the next match between Arsenal vs Man City would be a decisive match that would determine the likely winner of the league between Arsenal and Liverpool because if Arsenal wins that would limit the chances of Man City but if Man City wins that means the three clubs would continue to fight till the last day of the league considering the small gap in points between the three clubs, though I quite agreed that the present Man City is not as formidable as the previous season squad but we should also give the club a chance too.