As expected, the New England Patriots have the highest projected win total in the AFC for the 2012 season at 12.5. This stands to reason considering they are a prohibitive -500 favorite to win the AFC East and a solid +200 favorite to win the conference.
I believe that the Patriots are going to win their division although at their current odds it is not worth the risk to wager on it. I also have some issues with their odds to win the AFC given the simple fact that the last team that lost a Super Bowl one season and made it back to the Super Bowl the next year was all the way back in 1994, when the Buffalo Bills made four straight trips to the title game but failed to come away with a single win.
The following is a link to an article that was previously posted on Bang the Book that takes a look at the projected win total for all 16 teams in the AFC along with my prediction on the 'over/under' for each one.
AFC 2012 Win Totals Previews and Predictions