SOS, if you posted this before the Arsenal game, you would have had a few people say "if we beat Arsenal then we're title challengers", funny as them posters seem to have gone missing? maybe waking up to reality isn't always a place some like to be.
But going onto to our realistic expectations, top four is where we have to finish, after all, isn't that why we sacked Redknapp? to bring in a more younger manager, a new system which could take us forward and allow us to progress and in all honesty I don't see much progression other then finishing 3 points more then Redknapp based on Bale turning himself into the welsh messi, as aside from that I see a disjointed boring team which relied on one great player to mask problems with AVB and his tactics.
This year as we know, we have sold our best player and its not realistic for a club like ours to sell Bale and replace him like for like, as we're not a champions league club and instead have to look at the second tier of players, players that could be great, players that have great potential but aren't the finished article.
So when you put together a team of players with potential it really does take time for them to form a team unit, but that is why the manager is so important as he has to not just get results, but allow the new players to develop and settle but looking at our line up agaisnt Arsenal, we had Townsend, Chadli, Paulinho, Capoue, Soldado and Dembele as our midfield/attack. Dembele is the only survivor from last year, and if we look around europe and the teams which are successful, they don't tend to have a complete overhaul and expect instant success...unless you're Pep at Barca!
However the club in reality has to be in the champions league, but we have Man City/Chelsea/Man Utd/Ourselves/Arsenal and Liverpool all competing for these positions within the top four, three of them teams will break away into a title race leaving us, liverpool and Arsenal to fight for 4th, and which team is playing catch up? Ourselves, which team is relying on players to gel and form a team unit while picking up points? Us.
We have made things hard for ourselves, but thats our problem and I hope we can finish 4tth but in all honesty I wouldn't be surprised if we finish 5th or 6th and that wouldn't be acceptable.
Think you've hit a number of nails on the head there Boss.
The Arsenal game was a reminder that we're perhaps not as good as what we thought we were... (YET!). Though losing to Arsenal by a single goal from a defensive area isn't bad going overall.
Top 4 is where we "need" to be as like you say, it's what Harry was sacked for.
It's been no secret our football under AVB has been less attractive though at times I think it has been more effective, admittedly a lot of the time we relied on Bale's heroics to win the game but we've seen a lot more grit and a higher work rate than what we usually saw under previous squads.
What we have now is a team/ squad of players, many with immense talent and on paper, I'd say better than any squad we've had under AVB/ Harry/ Ramos/ Jol. When you look at Lloris, Kaboul, Vertonghen and Sandro, all of who have been with us at least a season, these guys are good enough to play for any top team in Europe in my opinion. With that core, we've now added 2 of the worlds best young talents in Lamela and Eriksen, a finisher of the highest pedigree in Soldado, a Brazilian engine in Paulinho, a Sandro-esque French international in Capoue and another off of Belgium's growing talent line - Chadli. Yes, of course there's going be a bedding in period, hopefully it won't take too long but if these players can reach their potential then I think any team in the world would struggle to beat us. AVB has a massive task to ensure he gets the best out of these guys, unlike last year, he's had the true backing of the board now and it seems he's managed to bring in a lot of players "on his list he gave Levy" which he mentioned in an interview.
The pressure is really on now to achieve a minimum of 4th place, this season more so than ever I'd say, I do believe this team can achieve it but only time will tell on that.

Goonernomics, that's brilliant.