considering they were 10-1 to win the last series I would have to say no. Beating Dallas for them was a hell of a lot easier than beating the next teams they play.
They are playing great basketball right now, but even if they win this next series, either team they run into (Phoe or SA) gives them absolute fits. Phoe is the same team only better at virtually every position and they do EVERYTHING GSW does but better. SA is SA, too fundamental and won't be pushed around or change their style of play like Dallas did.
The Dallas series was lightning in a bottle IMO, perfect confluence of events for GSW to pull off the upset. I would love to see them get to the finals, but I don't see it happening since they have to run through Phoe or SA.
As far as Davis goes, for the difference in price it is worth it if you wanted to the route of GSW winning it all, but I think Jackson could also win it if GSW were to win it all. What is Jackson to win MVP? If you want to take a flyer on GSW to win it all, I think taking those two to win MVP would pay better than GSW at 10-1.
I have to think Jax is higher than Davis, so say he is 40-1. Instead of 100 to win 1000 on GSW, 50 on Davis and 50 on Jackson would pay either +1200 or +1950. I don't see anyone else winning MVP from that team if they win.