Well I think KG will win it, but i dont necessarily think he should. Not that he shouldn't either, but cases could be made for several players IMO.
JO- 40 double doubles (3rd in league right now), maybe best player in EC, team has had best record almost all year in NBA, adapted to a new coach and style
KG - outstanding season, will finish in top 2 in double doubles, team is competing for top seed in west, but he has 2 other all stars in Cassell and Sprewell, where JO only has Artest.
LBJ - this kid is sick. averaging 21,6, and 6 at 18 years old. Jeesh. The Cavs are challenging for a top 6 playoff spot. they have grown together as a team with LBJ(an 18 year old( as the focal point) He gets his teamates involved, is a good defender and has more than lived up the hype.
IMO I think LBJ is MVP. I know it sounds crazy but this kid has elevated a crap team to a formidable opponet in one year. And he has done it with all the media hype and such at the age of 18.