like the thread says - it's all relative.  It depends on whose perspective you are taking.
Mabye LMP should construct a grid, instead of working in a linear fashion.
Personally, I would place Huan in between Sauron and G the White
edit:
	Quote:
	
	
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				and fear is a major weapon in achieving this end
			
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 well, then you would (by the end of the 3rd age at the least) have to put Galadriel on that list, because she was much feared by many non-elvish folk, right?  She should at least be up there with the Feanor/Glorfindel group
or perhaps you would have to  multiple lines - say for elves, the top would be:
Morgoth
Balrog
Sauron
for humans it would be:
Sauron 
WK
Ancalagon
etc