Nepal flopped at the recent ACC Twenty20 Cup, failing to advance past the group stages in a tournament where they were one of the favorites.
It is always tough to predict "Associate level" cricket as a majority of the teams are packed with players of Indian and Pakistani origin. In some cases, players are recruited directly from the subcontinent, therefore it is hard to judge how strong a side will be.
Nepal's team however consists fully of home grown players, thus often one hears grumblings that the cards are always stacked against us. For me it's a non-issue. If you want to play top class cricket against the likes of India and Pakistan, you better be able to defeat sides comprising of "C" grade Indian and Pakistani players.