Arsenal have a Mickey Mouse group and tend to choke. Man Utd are so unconvincing; every time I have seen them play they have needed some luck to get by. Liverpool are a complete mess; their team is in shambles without Gerrard and a fit Torres. Chelsea are the only threat from the PL; proven coach, proven players, and a hunger to do well. However, the PL domination cycle is coming to an end, and very soon.
La Liga is entertaining to watch, but teams pay way too much respect to Real and Barca. Atletico Madrid are a farce, and Villareal are a joke this season. Sevilla have a Mickey Mouse group (refer to Arsenal) in the CL, and are pretty consistent in La Liga. I don't see Sevilla making it past the 2nd round in the CL, unless they get a favorable draw. If we finish 2'nd I'd love to draw them, because we should easily be able to dispose of them. Valencia have been blowing hot and cold, but they are definitely a decent side.
Inter are weak mentally when it comes to European matches, but I fear they have turned the tide after that dramatic win against Kiev, and perhaps they can reach the semis

On paper, they are as strong as any team in the competition, barring Barca and Chelsea perhaps. Milan can't be discounted either; Pato is lethal, Nesta has been epic, and if Ronaldinho returns to his former glory, they can be pushing for a QF place. Juve are an enigma; in form, and when everyone is fit, we may be able to reach the QF, perhaps even beyond and onto the semis. Fiorentina are a capable and competent side, and I see them making the Quarters if they get a favourable draw in the 2nd round.