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Led by a dominant, stingy defense which has allowed just 16 points in twelve quarters of play, the Broncos are a team with not only new personnel, but a new Identity. New defensive coordinator Mike Nolan has installed a 3-4 defense that has seen the Broncos transform one of the NFL's worst defenses over the past two seasons, to the early NFL seasons best.
Offensively, the Broncos, now led by oft criticized Kyle Orton have gone from a "sling it all over the field and win it for us with your golden arm Jay Cutler" style of play, to a quick slanting, run happy attack that has shown constant improvement over the past three weeks. With Brandon Marshall finally contributing, the offense has the talent, and the scheme to compete with just about any in the league.
I know what you're saying, "the Broncos have only played one decent team and they were very lucky to win that game" (see: "The Immaculate Deflection"), and you are right. The Broncos can only play the schedule that is laid out before them. Granted, they haven't played the "toughest" stretch of their schedule (which coincidentally starts next week with Dallas), but in my opinion every game in the NFL is a tough one and there are no such things as easy victories. Besides, if you can't have hope when things are going well, what's the point of being upset when they aren't?