Seems to me you're asking the wrong question. I say, don't ask if there is a omnipotent God, that is making an unwarranted narrowing assumption. Why should it be either/or? Lots and lots of room in between the 'omnipotent God' theory and the 'no god at all' theory for 'medium potent god(s) theories.
And 'medium potent god' theories are not only inherently more likely than either of the extremes, they seem a lot more fruitful and interesting to think about, in terms of possible consequences.
I say, ask if there are beings of ANY kind that are more intelligent/knowledgeable/scientifically or morally advanced than human beings.
And, if so, are they aware of us, and interested in us, and what we do, either as individuals or as a species?
Now, that's an interesting question. If (they/he/it) exist, and are interested in our behavior, the important question isn't if (they/he/it) are the all powerful creators of the universe or not.
It's what do they want?
And, if they care about what we do, why haven't they communicated with us directly, and said (variously) in an unmistakably clear manner exactly what they do want us to do/not do? eg, flaming letters 10 miles high in the sky, urging us to (variously) not eat meat/stop burning hydrocarbons/stop committing adultery/etc/etc/etc fill in the blank. They obviously would have the technology.
I personally find thinking of Jehovah/Zeus/Odin and all their kin as advanced extraterrestrials is AT LEAST as LIKELY a theory as assuming they are real, or that they are myths. It isn't hard to believe that extraterrestrials noticed us a long time ago and are discretely guiding our progress (or discretely diverting us into blind alleys where we can't ever advance to the point where we could annoy them).
After all, the important question isn't if an omnipotent God created the universe, but if some god(s) are interested in what we do. If so, are they good/evil (from the standpoint of human morality)? Are they a threat or a blessing -- to 'mankind' or (ahem) 'the environment' (the earth and its existing ecosystem -- for those of you who belong to one of the newer religions).
Firstly because we have insufficient evidence to address the first problem. And secondly, because it doesn't make any difference in real outcomes to you and me how the universe was created. What matters to us, is if there are beings -- 'gods' -- more powerful than US. It doesn't matter if they are powerful enough to create the universe. All that matters is if they are powerful enough (and interested enough) to intervene in our lives, now or in the future (or the past).
Eliezer Yudkowsky identifies scholarship as one of the Twelve Virtues of Rationality:
I think he's right, and I think scholarship doesn't get enough praise - even on Less Wrong, where it is regularly encouraged.
First, consider the evangelical atheist community to which I belong. There is a tendency for lay atheists to write "refutations" of theism without first doing a modicum of research on the current state of the arguments. This can get atheists into trouble when they go toe-to-toe with a theist who did do his homework. I'll share two examples:
The lesson I take from these and a hundred other examples is to employ the rationality virtue of scholarship. Stand on the shoulders of giants. We don't each need to cut our own path into a subject right from the point of near-total ignorance. That's silly. Just catch the bus on the road of knowledge paved by hundreds of diligent workers before you, and get off somewhere near where the road finally fades into fresh jungle. Study enough to have a view of the current state of the debate so you don't waste your time on paths that have already dead-ended, or on arguments that have already been refuted. Catch up before you speak up.
This is why, in more than 1000 posts on my own blog, I've said almost nothing that is original. Most of my posts instead summarize what other experts have said, in an effort to bring myself and my readers up to the level of the current debate on a subject before we try to make new contributions to it.
The Less Wrong community is a particularly smart and well-read bunch, but of course it doesn't always embrace the virtue of scholarship.
Consider the field of formal epistemology, an entire branch of philosophy devoted to (1) mathematically formalizing concepts related to induction, belief, choice, and action, and (2) arguing about the foundations of probability, statistics, game theory, decision theory, and algorithmic learning theory. These are central discussion topics at Less Wrong, and yet my own experience suggests that most Less Wrong readers have never heard of the entire field, let alone read any works by formal epistemologists, such as In Defense of Objective Bayesianism by Jon Williamson or Bayesian Epistemology by Luc Bovens and Stephan Hartmann.
Or, consider a recent post by Yudkowsky: Working hurts less than procrastinating, we fear the twinge of starting. The post attempts to make progress against procrastination by practicing single-subject phenomenology, rather than by first catching up with a quick summary of scientific research on procrastination. The post's approach to the problem looks inefficient to me. It's not standing on the shoulders of giants.
This post probably looks harsher than I mean it to be. After all, Less Wrong is pretty damn good at scholarship compared to most communities. But I think it could be better.
Here's my suggestion. Every time you're tempted to tackle a serious question in a subject on which you're not already an expert, ask yourself: "Whose giant shoulders can I stand on, here?"
Usually, you can answer the question by doing the following:
There are so many resources for learning available today, the virtue of scholarship has never in human history been so easy to practice.