You can continue with this act all you want. The fact of the matter is, you'd have to be a liar, an idiot, or both, to not see the similarities to '03 between the Lakers and Spurs.
If you still want to anoint the Lakers as the clear favorites, fine. But this pretending as if you're not the least bit concerned with the Spurs and they're going to be a cake-walk is more than the typical Lakers fan arrogance/ignorance, it's being in denial and delusional.
Speaking of that term "the favorites", they should be viewed as co-favorites at this point. The Spurs have been the better team this season and as such, figure to have home court advantage. The Lakers are the two-time defending champs.
It's funny, when the Lakers acquired Gasol, no one cared that the Spurs were the defending champs and the dominant team of the previous five years, the Lakers were instantly proclaimed legit contenders and in many cases, "the favorites". Here we are three years later, the Spurs have half the losses of the Lakers at the mid-way point, bludgeoned them in their first meeting, yet some are still hesitant to proclaim them legit contenders, let alone favorites or even co-favorites. This despite having a championship proven core.
Why the reluctance to anoint them, when there was no such hesitation with the Lakers?