Jones is champ, great fighter controversy aside.
DC should never go back to 205.
Gus just looked terrible, plus he is pretty inactive.
Smith is tough as hell, but technically he is not on the same level as above.
Jan is a great fighter, but probably not champion material.
Volkan has power, but once again probably not champion material.
Anderson has come a long way, but he will never be champ.
Santos is probably the most fun fighter to watch in this division, but he just doesn't have the wrestling or ground game that some of the others have.
Reyes is one of the few good things about this division, ready to see him against a top 5.
Latifi is a fun fighter to watch, but he just can't beat the top 5.
Manuwa is old
OSP is the ultimate gatekeeper
Glover is getting old, but still is strong as a bull. His ground game is among the best in the division.
Shogun is where he is.
Cirkunov lost some momemtum.
Krylov is back, but he got fucked up by Jan recently.
Basically most of the division is past their prime and they are just hanging on. It is a shame because it use to be the best division in the earlier days. You had Chuck, Tito, Rampage, Wanderlei, Griffin, Randy, Machida, Rashad, and Vitor. Those were the golden years of 205. They were not only great fighters, but extremely recognizable and marketable. It was just perfect in hindsight.