Top. 12 years ago and now.

You'll probably have heard more than a few times over the last few days about it being the first time we've been top at Christmas, and now heading into the New Year, for 12 years.

You may recall that 12 years ago at the end of December 1996 we stood five points clear of all below us heading into January 1997 as we reached our pinnacle under Roy Evans, playing some of the best football we'd played in years. John Barnes' precise long range effort at Southampton's old Dell ground secured a 1-0 win in the final game of the year and our position, given our form was not unjustified, nor is it 12 years on.

We pretty much continued to set the pace at the top or were there or thereabouts until about April or "squeaky bum" time as Alex Ferguson once labelled it. But our bums slipped off the seats and we threw it away. Most damaging in that period were home defeats to Manchester United and Coventry City that realistically ended our title hopes.

Apparently, Ferguson later admitted we were the best team that season and should have won the league. But United were the best team because they came to Anfield at a crucial time of the season and meticulously took us apart before going on to win another Premier League title.

Taking teams apart meticulously is something we're specialising in nowadays none more so than today's destruction of Newcastle United. Yes it was a shambolic Newcastle side but it was impressive from us nonetheless.

It was a performance that underlined our fantastic completion of the first half of the season and we're all delighted to have set the pace at the top but it is the next five months that will determine whether we really are a different proposition to Evans' side 12 years ago.

The two teams' styles differ greatly. Evans slightly gung-ho approach and 3-5-2 formation had us playing some amazing football but we were always suspect at the back. Benitez's more cautious but effective approach has us pretty much impregnable at the back and incisive and clinical going forward.

A lot has been said about us developing into the machine that he created at Valencia where teams were hounded out of possession and picked apart and this is becoming more and more evident as the season progresses and nowhere was it more evident than today at St James' Park.

Yet there are similarities between the two teams. In 96/97 it was our home form that was our undoing. We dropped 24 points at Anfield, not something you can afford when your going for the title.

This season we've drawn four home games against Stoke, Fulham, West Ham and Hull that we all would have counted as home bankers at the start of the season.

The anxiety amongst the Kop when we play at home is very evident. Understandably given we are at the summit and so desperate to stay there. But this anxiety creeps into the team's performances and unless we get an early lead we seem to struggle.

Put simply, our home form must improve in the New Year. There must be no slip ups. Realistically we should be looking to win every home game including those against the other big three, four if you count Aston Villa. At a minimum two home draws should be allowed given Chelsea, Arsenal and Villa have all to visit Anfield, but even that may not be acceptable. It depends on how many points we pick up on the road

Undoubtedly the side, the squad we have now is better than that in 1996/97. We have more truly world class players but then so do Chelsea, Man United, Arsenal, even Villa with the likes of Ashley Young and Gabriel Agbonlahor. The competition is just as tough now as it was then, probably even more so.

Chelsea again dropped points at Fulham today which gives us some breathing space but we should watch United below them with caution. They have three games in hand, win all three and they close the gap on us to a point with a visit to Old Trafford still awaiting Rafa's men in mid March.

What they have is experience, as do Chelsea. They know that points dropped now matter but not as much as dropping points in April/May time. United are the masters of staying in and around the top at this time of the season before pouncing when it really matters.

Traditionally we have finished strongly under Benitez. This bodes well. Our undoing last season after a good start was our mid season blip where we drew a lot of games before we once again finished strongly.

So far this season there's been no major drop in form. That said, before beating Bolton on Boxing Day we'd picked up seven points from five games but remained top thanks to other results, mainly Chelsea's similar drop in form.

It can be argued that this was our blip but you never know, worse form could yet be around the corner. We've waited 19 years for this title, in between plenty of false dawns, plenty of misguided hope just as in 1996/97 so it's better to be cautious at this stage.

I make no big predictions for 2009, that would be foolish.

Instead I have a few small ones. Mainly that Emiliano Insua will establish himself at left back at the expense of Andrea Dossena whose Liverpool career may sadly be a breif one.

Whilst Nabil El Zhar, a key player coming off the bench so far, will become increasingly important as the season progresses.

We've so much to look forward to in the New Year, top of the table, Real Madrid in the Champions League, the FA Cup. It's all in our hands, let's not have any regrets.