I don't see Liverpool challenging just because they have Robbie Keane , I've heard all this 'last peice of the jigsaw' stuff before when they bought Harry Kewell
Arsenal will really struggle for a top 4 finish with the players they've lost and not replaced. I really think Spurs can overtake them this year with the players they've bought. The only reason they finished in the bottom half was because they had nothing to play for after winning the Carling cup.
I'm surprised with Villa , i thought they'd be buying to get in the top 4 this season , in the end they just lose Mellberg & probably Barry and I don't see who's going to replace them. I think Portsmouth will be challenging Arsenal for 5th place.
Going down will be Stoke & Hull (Obviously). I think West Brom have it in them to stay up. Joining them will be Bolton. I think Fulham will be around there but have just enough to stay up. I think Newcastle will be down there as well but will be comfortable by around April.
Swindon did alright last year. It was nice to have mid table mediocrity after a coming up through the play offs. We've not really lost anybody or signed anybody so I think we'll be in a similar position this year.