All of San Antone and its adopted Spurs members were wishing for a date with Indiana in the finals last year. We all felt that our experience and talent would see us manage the Pacers in 6 games, and they would be a grateful opponent to have got there in the first place.
They may just have the best team in the league right now. Offseason additions? Danny Granger, Luis Scola and Chris Copeland. With the squad you already have, in LA you would be talking about winning the chip.
If Paul George cements himself as a "system friendly" version of Rudy Gay, and David West maintains his level of play on both ends, they are a force in the league. I should also mention the play of George Hill. He needs to maintain the average NBA point guard levels he has achieved, combined with his above average D. Then you add 5 or 6 quality role players including Hibbert, who finally got his game on in the playoffs.
Larry Bird recently confirmed his expectations of a big year for Danny Granger. Indeed it would be fair to say that he may have the same sort of impact on the team as Ginobili will have with the Spurs this year; albeit with a lot less facilitation.
And yes the Pacers haven't won it all before, nor have they established hall of fame talent just yet. But in terms of depth, length, versatility and defense, they are quite formidable.
I really like the Bellineli signing - he seems ready for a strong role facilitating offense in the second unit, whilst adding some scoring punch. I'm not sure if the offseason recruitment eclipses the Pacers though. With Scola, you could potentially play him and West with Granger, George and Hill to create an offensively fluid, and devastating two-way unit. You could close out a game with this lineup and feel confident. His passing may also open things up for Hibbert and make their 3pt shooters more accurate this season.
As for the Spurs, if Timmy plays like last year, they are a top four team without a doubt, and a big chance to make the finals once again. If they get to enjoy continued improvement from Tiago, Danny and Kawhi, they will be hard to beat by any team. The Spurs have geared nicely for a great run in the twilight of Timmy and Manu's career.