I don't see a dedicated Lead being good in Ubers; especailly when that lead is Excadrill. Arceus can do nearly everything Excadrill can do and is reusable, as Arceus is far Bulkier and can carry Defog, Stealth Rock, Recover, and a Damaging Move. :P
I don't see Zygarde being a good Xerneas Lure:
252+ Atk Zygarde Iron Tail vs. 0 HP / 168 Def Xerneas: 176-208 (44.7 - 52.9%) -- 22.3% chance to 2HKO
You only kill Xerneas if you succeed a 22.3% chance and two 75% chances that Iron Tail Doesn't miss. A good lure shouldn't have to rely on god-awful RNG prayers. :P
If you want ti counter Xerneas, use a Specailly Defensive Haze Toxapex as a defensive option or Swords Dance/Rock Polish/Both Dusk Mane Necrozma. :P
While I'm not one to say Physical Xerneas is bad, the other Physical attackers in Ubers are far better than Xerneas, and Geomancy is one of the few Reasons Xerneas is used at all as a Viable Specail attacker, so you'd be better off not using Xerneas than using physical Xerneas. :P
I think the problem with having Waterfall is that While it does Kill Pdon faster, that is all it does, and Earthquake already Kills Pdon; conversely, you kill every dragon type Slower and with Dragon Ascent, which, even with a Z-Nuke, may leave you open to All of the priority attackers in the tier after lowering your Defense once:
252+ Atk Life Orb Dark Aura Yveltal Sucker Punch vs. -1 0 HP / 0 Def Rayquaza: 359-422 (102.2 - 120.2%) -- guaranteed OHKO
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+1 252+ Atk Rayquaza Dragon Ascent vs. 252 HP / 4 Def Zygarde: 304-358 (72.3 - 85.2%) -- guaranteed 2HKO
252+ Atk Choice Band Zygarde Dragon Claw vs. -1 0 HP / 0 Def Rayquaza: 588-692 (167.5 - 197.1%) -- guaranteed OHKO
252+ Atk Choice Band Zygarde Thousand Arrows vs. -1 0 HP / 0 Def Rayquaza: 331-390 (94.3 - 111.1%) -- 68.8% chance to OHKO
252+ Atk Choice Band Zygarde Extreme Speed vs. -1 0 HP / 0 Def Rayquaza: 196-231 (55.8 - 65.8%) -- guaranteed 2HKO
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+1 252+ Atk Choice Band Technician Marshadow Shadow Sneak vs. -1 0 HP / 0 Def Rayquaza: 385-454 (109.6 - 129.3%) -- guaranteed OHKO
Dragon Claw or Extreme Speed helps this problem, so I recommend using one of them. :P