A fairly interesting read over on ESPN as John Hollinger breaks down the Western Conference in his view.

He's got the Nuggets rated third behind the Lakers and Spurs, but ahead of the Blazers. (click here for the full read)

Keep in mind it's still very early and Denver has some roster spots to fill.

Denver Nuggets
Last spring, the Nuggets had the Lakers sweating bullets for four games and most of a fifth, so theoretically they entered the offseason on near-equal footing. However, money matters have prevented them from keeping up with the arms race among the other contenders. Denver isn't a high-revenue team despite its success last season and is already over the luxury-tax threshold, so it had to manage its money carefully. As a result, Linas Kleiza and Dahntay Jones won't be back, and Anthony Carter might not be either.

But the Nuggets' top six players return, including a re-signed Chris Andersen, and trades brought in some younger help in rookie Ty Lawson (one of my draft favorites) and Arron Afflalo. There isn't a huge margin of safety here, but if the Nuggets are healthy they'll still be really good.