Before Horwill's injury I would have said yes. I'd wager on the Reds taking the final 3 games, which should see them into the finals. They might also get lucky in that being in 6th place for the finals might see them play off against the Brumbies. Ideally, that would feed into a semi-final against the Chiefs (who have 3 tough games to finish the season as opposed to the Stormers who have 3 easy ones). I'd take odds of 5/1 on the Reds making the final.
Not trolling here, but I'd say it depends on whether they have to play the Crusaders in a knockout match. I can't see anyone beating them again this year except perhaps if there is a spate of injuries.