The Spurs don't really have a 1-2 Punch. It's either a 1-2-3 Punch or a 1-2A and 1-2B punch.
It's funny to me that after the 2005 championship, the media acted like Ginobili is a basketball God and that Parker didn't exist. Now after the 2007 championship, Parker is getting most of the glory that had gone to Ginobili.
The truth is Parker and Ginobili are almost the exact same level of player. Per minute, I'd say Ginobili is better. Overall impact, I'd give a slight edge to Parker just because he plays more minutes.
Manu for some reason is a forgotten man if you read national NBA publications. A small part of that he brought upon himself for having a few stretches of inactivity during the 2007 playoffs, but it's largely unfair. Ginobili is a great player and when it's winning time, I don't think there are more than just a couple other guards I'd rather have on my side.