This will not be a Top-3 pick (though that's sort of a good thing I guess since it minimizes the risk that it lands #1 for PHI). I think in some order, ATL/CLE/PHO will lock up the Top-3 of the Draft.
I think there's still a chance this lands around 5-6. It depends on if you think teams like MIN, UTAH, HOU, SAS, etc. will remain below the Kings for the rest of the year (honestly doubt it), and then really it's probably that mix of SAC/CHI/NYK/DAL/WAS that's just a notch above the three I mentioned before (ATL/CLE/PHO), but could still be in the mix of getting a Top-6 pick in the draft.
The West is definitely interesting though because like @moranis mentioned, the 10th seed is just 2.5 back of the 1st seed LOL. I expect by January-February this starts to even out again but for now it certainly makes things look funny. I mean, the Clippers and Grizzlies tied for #1 in the West at 12-6? Did anyone see that coming a good month into the season?!?