If I tiered the teams I'd say there are 5 teams that could win the title, another 4 that might make the argument, but I'm not convinced. Then you have the playoff teams, the borderline teams, and the complete scrubs. I think most people would move ORL down a group, but I'm not ready to do that... yet.
Tier 1 - Elite Contenders
1. BOS
2. LAL
3. SAS
4. MIA
5. ORL
Tier 2 - Contender Pretenders
6. CHI
7. DAL
8. OKC
Tier 3 - Playoff Locks
9. ATL
10. IND
11. UTA
12. NOH
13. DEN
14. NYK
Tier 4 - Playoff Bubble
15. MIL
16. POR
17. PHO
18. MEM
19. HOU
20. TOR
21. PHI
Tier 5 - Lottery Hopefuls
GSW
CHA
CLE
DET
MIN
WAS
SAC
NJN
LAC
I think its pretty even in terms of parity. I doubt SAS sustains this pace, seems like a long shot for their main three guys to stay healthy and Jefferson to keep playing this well.
Cool post ... my listings would be
Tier One -- legit contenders -- Boston, Miami and LA
Tier Two -- outside contenders -- Dallas, Orlando and San Antonio
Tier Three -- capable of making a playoff run -- Chicago and Oklahoma
Tier Four -- solid playoff teams -- Atlanta, Utah, Milwaukee
Tier Five -- borderline playoff teams -- Charlotte, Indiana and New York in the East + Denver (Melo trade?), New Orleans, Phoenix, Portland (Brandon Roy?), Memphis and Houston (Yao?) in the West.
Tier Six -- lottery squads -- Cleveland, Detroit, Golden State, LA Clippers, New Jersey, Phily, Sacramento, Toronto, Washington