I don't think people realize PSG is starting a historically young team, have tons of question marks, are starting a CB with 5 games of L1 experience and 0 european games, an 18 year old midfielder, and no Neymar or Messi anymore.
PSG is better balanced IMO but a huge question mark and not built for a CL win.
Now, they're playing better and better, but I would hardly say they're favourites in their bracket. IMO, Barca, Atletico and PSG are roughly same level and BVB just under (which means they could still very well win it all).
Bayern Arsenal is 50/50 which is already a win for Arsenal. Bayern has more experience though and should go through, but it's a coin toss.
City should reach the final, I don't believe in Real if refs don't come to the rescue again.
I think it's City against Atletico/Barca/PSG in the final.
And I see City losing that final regardless of opponent.