Liverpool's title win: Are they that good, or has the league been that bad?

Liverpool are on pace to break Man City's Premier League points record but are the Reds exceptional or just benefitting from weaker competition?

source http://www.espn.com/soccer/english-premier-league/story/4067018/will-liverpools-premier-league-title-be-remembered-for-their-incredible-team-or-a-weak-competition