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.
It's not that Manchester City have stopped being consistent or weakened at all, no, it's not that. It's very different this year, other teams as you have already pointed out are also strong and can compete with MC. Let's see what happens in the Champions League, I think it will be a big indicator, if they reach the final or win the trophy at all, it will mean just that they are still strong, and it will also emphasise once again that this EPL season is not like the last ones.
In my opinion, Manchester City is still consistent and still like last season, it's just that other teams like Arsenal and Liverpool have corrected their shortcomings and made last season's situation better this season.
And Manchester City will remain a dangerous team for any opponent and in any competition, and only a team and coach who can read how to play and its strategy can have the ability to compete with Manchester City. Arsenal and Liverpool have that ability, and if a team is able to hold Manchester City to a draw, they can read their strategy and game and strengthen their defense.