I'd actually probably still think jonbon will end up in the champion chase myself. I get the impression from years gone past that Henderson himself doesn't give a toss about the Ryanair, he never really runs anything of note in it unless he feels there's really no other choice at the time. It's definitely very rare for him to ever target anything at it.
The way I see it is fact to file went to the Ryanair last year despite running well over 3m, because they didn't think they could beat galopin over even further. Inothewayurthinkin happened to be good enough to win the gold cup for them anyway, and fact to file won the Ryanair, so is there really any reason to change? If fact to file wins the king George, that still doesn't prove he'll stay the gold cup trip. If inothewayurthinkin doesn't win the savills, but runs respectably and places, wouldn't they just think that's exactly what he did last year, before going on to win the gold cup. I also can't remember too many cases of a horse winning an open grade one at the festival as impressively as fact to file last year, and then going for a different race the following year. As we've seen with Allaho, mullins will be happy enough to keep mopping up Ryanairs, with galopin still in the gold cup picture for him along with others, the only question is would mcmanus go along with that. As long as inothewayurthinkin is at least on par with what he was before last year's gold cup, I'd say he'd go along with mullins.
In the event thats true, I'd guess he'd rather have two darts at the champion chase with jonbon and Malborough, than add jonbon into the Ryanair for a second dart in that, and I think Henderson would happily agree. I'd still give jonbon a decent chance in the champion chase. Leau du suds shorter than him, despite them turning the form around to even the score. Il etait temps like jonbon is still to show his best at Cheltenham. There will still be question marks about Malborough jumping even if he wins at Xmas. He'd still be in the mix so I think they could just give him another go at it.