In sportsbook they are the favorites so they might likely win, but you are right, there are underdog that could give a surprise, like the NUggets or the Clipperes.
They are, and what I like with Lebron James now is that the Lakers has a great chemistry and Lebron does not need to do it alone this time unlike in the past that he usually carry the team to win, he got Davis on his side who is a dominant big man, this man can dropped 20 to 30 points, depending on the need, so they really are a threat. I feel that the competition this playoffs and in the NBA finals is better compared to the previous.