I agree with this. We won 1 CHL game & were clearly second best in the other games. No criticism intended given the budget differences etc but I don't buy the idea we were a really good team in the CHL & suddenly turned bad. The team has its issues from the start.
It's also worth pointing out the role that familiarity plays in our league. When you play each other multiple times your opponents will learn your weaknesses. That means that versatile and adaptive teams can deal with adversity. I don't see much flexibility in this team.