I know everyone will get mad at me for asking this question, so please refrain from negative comments in that regard....but after watching the first several games of the year, I think it's definitely plausible. Talent wise, I don't think there's a team that has better talent than Connecticut with the exception being potentially South Carolina. You have:
Williams/Collier-extremely athletic forwards who can defend multiple positions, score from 3 point land, mid ranger and in the paid, both rebound well and both are equally comfortable being scorers or role players.
Chong/Dangerfield-one of the better point guard combos in the nation. Dangerfield is one of the better freshman point guards we've seen in a while. She looks so steady and confident out there. Always under control, a capable scorer, can run the offense and beat you off the dribble. She looks like Jefferson as a seasoned sophomore. Chong isn't quite as dynamic as Dangerfield, but she is quietly very very good. They make a great 1-2 punch.
KLS-one of the better forwards in the nation. A great shooter who looks confident and aggressive this year. Averaging 22 a game.
Natalie Butler-a blue collar big player who can hit shots inside, fights for rebounds and is physical. Adds a different dimension off the bench. She isn't a go to player, but she plays her role well.
Nurse-A bit underwhelmed by her to start the year, but she brings physical play and toughness. I expect she'll pick up her shooting as the season goes on. At least she isn't jacking up bad shots, she's just missing good looks.
Besides SC, no other team has a lineup quite like UCONN's where there are 4 players who could easily lead team in scoring night in night now. Most importantly, UOCNN plays really cohesive basketball together. In 3/4 games they've had a positive A/TO ratio, including both wins against a highly ranked team. They shoot well and play hard 100% of the time. Defensively, they aren't great but they'll improve as the year goes on. On an off day, I think there are only a few teams that can hang with or beat UCONN.
Looking at the schedule, the only teams left with talent to compete with UCONN are:
Texas (H)....they have talent but they just don't appear to be a good team. I don't see them hanging within 15 of UCONN.
Notre Dame (A)...definitely a game UCONN could lose. Ogunbowale is one of the best guards in the nation, Allen might be the best point guard in the nation, and everyone in the lineup can score. If ND shoots well from deep, it'll be a tough win for UCONN.
Ohio State (H)....I don't see it happening. Ohio State doesn't play well enough as a team to hang with UCONN IMO. And the game is in Connecticut.
Maryland (A)...another game that could be lost. Maryland is quite good and they have one of their best rosters this year. I don't think they'll upset UCONN because they don't defend particularly well, but it could be a tight game.
South Carolina (H)....definitely a game that UCONN could lose. SC has 4 outstanding scorers, each of whom can create matchup problems for Connecticut. They also play great defense. However, SC is traditionally a bad offensive team. They have more weapons this year, but if they struggle to score against Connecticut, they wont win.
If UCONN can get past those big 3, they'll be undefeated entering the NCAA tournament, and will likely waltz to the Final Four in typical UCONN fashion. At the Final Four, anything could happen this year with the talent spread, but I'd still bet on UCONN to win.
I'd put the odds right now at about 40%. It may seem high, but UCONN has lost one game in the last 3 years and this team looks good. You have Geno running the show, and no one else in WCBB has looked all that amazing to start the year. Teams will improve as the year goes on, but UCONN will too, and the Huskies have as much upside as anyone considering they are still figuring out roles and systems without Tuck/Jefferson/Stewart. I think Notre Dame is the biggest hurdle. If they can knock off Notre Dame, odds jump up to 60-70% in my book.