Rip32 wrote:That would mean Mo Speights would be in contention for MVP every year

Not even close. His PER is 18.
TENDEX is terrible. It doesn't even have any actual weights as PER does. (Which uses the actual value of the individual stats.)
The problem with using PER is that equalizes minutes. Something like win shares is better.
But first you have to define MVP. I define it as the player who most contributes to his teams wins and therefore look to the player who has the highest percentage of credit for his teams total wins.
- Code:
2008-09
wade,dwyane 22.4%
jamison,antawn 20.9%
james,lebron 20.6%
bryant,kobe 19.4%
paul,chris 19.2%
2007-08
james,lebron 21.4%
bryant,kobe 20.7%
iverson,allen 20.3%
jefferson,al 19.8%
richardson,jason 19.6%
I'd rather rename and change the old awards while creating new awards that were all specific and exact with clear listed definitions and methodology if were going to move to some kind of objective data based system.
Anyway, yes the current system is fair and just. It operates within the rules that are setup, and I don't think there's been any accusations of cheating or fraud.
If we want to keep voting, there are some changes that I think would make it better.
For one, on the awards voting, the media should lose their vote. Especially when people admit to voting based on who gives better interviews. The coaches have shown they can vote in a way that's not horse-trading based on the All-Star reserves, so it should return to how it was prior to 1979 with the players voting.
For the All-Star game, it's an exhibition game for the fans, so the fans should vote for the entire team with no more than two players from one team making it. Yes, that's a popularity contest and it SHOULD be one.
Most important, we should get away from the notion that these awards and honors convey some kind of objective value on to the player. They are subjective and there's nothing wrong with that.
End of the season awards should be honors from your fellow players.
Making the All-Star team should be honors from your fans.
Involving the coaches and the media is just some absurd notion that they have objective unbiased opinions that can declare "the actual best" players.