The numbers seem to imply that, since they are a very high-scoring team with the lowest GD of the top four (#=games played, goal diff, points):
Full Barclays Premier League table
1 Man City
23 18 45
2 Man Utd
20 24 44
3 Arsenal
22 21 43
4 Chelsea
22 19 38
Watched the end of the Wolves- Manchester City match. City almost spit the bit with a 4-1 lead. Are they really that bad defensively? The moral equivalent of a Paul Westhead basketball team?