If this team makes the playoffs this year, I would expect they would not be favored in many playoff matchups. That's a world's difference than saying there's no way they could win and are doomed to fail.
This year is also only the beginning of what I expect to be many years of competing for the playoffs, and in general, I expect the teams going forward to be better than this team.
And yes, it would be nice to add a TOR HOF starter to this roster. That would help.