I would rank IV.46 like this:
1. Sir Chewbacca
2. Flying Marsupials
3. CC Mavs / Junkyard Dogs (toss-up)
4. Miami Raves
5. LebronCavsReturn
Philadelphia Fish, Brinktown-Bombers, Spearmint Rhinos, St. Pauls and China Bowls are decent teams but I don't really consider them contenders.
China Bowls, Dominate Viper, Nova Strikers, Super Potatoers and Young Gunz aren't very good.