The Nuggets matched a playoff record for win margin, beating the Hornets, 121-63, in New Orleans.

I’ll let that sink in for a moment.

The box score is amazing. The Nuggets had seven players in double-digits; the Hornets had three. The Nuggets shot 57% from the field and 50% from long range; the Hornets shot 32% and 13%, respectively. Denver outrebounded New Orleans, 41-32. The Nuggets turned the ball over 11 times; the Hornets turned it over 26 times.

In short, Denver dominated virtually every aspect of this game.

How does this happen to a team that has two All-Stars (Chris Paul and David West) and a pretty decent supporting cast? At home?

The Hornets added James Posey this offseason because they were supposed to make a run to the Finals. But things just haven’t clicked this year. One night they’ll look great and beat a contender, the next night they’ll lose at home to a bottom feeder. The Tyson Chandler on-again, off-again trade might have sent this franchise into a bit of a tailspin, and it’s not clear how long it’s going to take to straighten things out.

…and here they are…

East: Devin Harris, Danny Granger, Jameer Nelson, Chris Bosh, Joe Johnson, Rashard Lewis and Paul Pierce

West: Shaquille O’Neal, Chauncey Billups, Pau Gasol, Dirk Nowitzki, Tony Parker, Brandon Roy and David West

When comparing the final rosters to my picks, there were three changes. I didn’t have Allen Iverson on my roster, much less a starter, but he was voted in by the fans. Rashard Lewis replaced Vince Carter, which goes to show that the coaches value team wins more than individual (albeit gaudy) stats. David West replaced Carmelo Anthony, and I think it’s a good call, especially with ‘Melo’s injury. The longer he was out, the better the chances that the coaches would leave him at home. It didn’t help his All-Star stock that Denver has played very well without him.

The only thing that’s really wrong with these rosters is the inclusion of Allen Iverson. There were a host of players in the East — Carter, Tayshaun Prince, Ray Allen, Mo Williams, Rajon Rondo, Caron Butler and Josh Smith — that were more deserving, but there’s no doubt that AI is a very popular player. Unsurprisingly, we can’t really argue with the coaches’ picks. They know what they’re doing.

It’s especially good to see Devin Harris, Danny Granger, Jameer Nelson and Tony Parker get recognized for their fine play this season.

The NBA All-Star Game is part meritocracy and part popularity contest. First, the fans vote, and the top five vote getters – two guards, two forwards and a center – from each conference are the starters. Then the coaches vote on the remaining seven reserves for each team.

The current vote count can be seen here, but I thought I’d put together my own list – five starters and seven reserves – for each team. To me, when it comes to naming All-Stars a winning record is just as important as great stats, so given two players with similar numbers, I’m probably going to give the nod to the guy on the better team. I’ll list the player’s Player Efficiency Rating, which gives a nice overview of the guy’s per-minute statistical production this season.

And off we go…

EASTERN CONFERENCE STARTERS

Dwyane Wade, Heat
PER: 29.14
D-Wade is back with a vengeance. He’s averaging 29.0 points, 7.1 assists and 5.1 rebounds, and is (almost) single-handedly keeping the Heat in the playoff hunt. With 24% accuracy, I don’t know why he’s shooting so many threes (3.0 per game), but that’s just nitpicking. He’s third in the league in steals (2.25).

Joe Johnson, Hawks
PER: 19.84
JJ is averaging 22.3 points, 6.1 assists and 4.6 rebounds, and has the Hawks in a battle for the #4 spot in the East. His three-point shooting is down two points, but his overall FG% is up a point. Remember when everyone laughed at the Hawks for giving up future MIP Boris Diaw and two first round picks for him?

LeBron James, Cavs
PER: 32.04
LeBron is the front-runner for the MVP thus far. He’s posting 27.7 points, 6.6 assists and 6.6 rebounds a game. His numbers are down, but that’s because the Cavs can afford to rest him an additional four minutes per game. It’s great to see his FG% over 50% (50.8%) and FT% approaching 80% (78.8%). LeBron has always been a statistical stud, but it’s the Cavs’ stellar record that has him leading the MVP race.

Check out the 1-2 punch of Chris Paul and David West last night against the Lakers: 72 points (25-47 from the field), 15 assists (all by Paul) and 14 rebounds. West was unstoppable for much of the second half; he drained 18-footers like they were layups and the Lakers simply didn’t have an answer for him defensively. He finished with 40 points and 11 rebounds, while Paul posted 32 points, 15 assists and three steals en route to an impressive 116-105 win. It’s tough to beat a team when two of their players post numbers like that.

For his part, Kobe Bryant kept the Lakers in it through much of the third quarter, scoring 20 of his 39 points in the period. But he only managed two points in the fourth quarter on 1 of 6 shooting from the field. Meanwhile, the Lamar Odom Watch continues. LO only got 12 minutes, but managed 12 points, three assists and a rebound in that limited run.

The Hornets have won 16 of their last 21 games. After kind of a shaky start, it’s good to see one of the premier teams in the West actually playing like title contenders. However, I just don’t know how far that Paul and West can take them. Peja Stojakovic (12.9 ppg, 40% FG%) and Morris Peterson (6.3 ppg) are shells of their former selves , and other than James Posey (10.0 ppg, 4.9 rpg), the Hornets don’t have many other scoring options. I really thought after his fine play last season that Julian Wright would make a big jump this year, but he’s been struggling with a sore ankle and has only appeared in limited minutes in 16 games thus far.

New Orleans was one of the best teams in the league last season. Chris Paul played at a MVP level and David West blossomed into a bona fide All-Star. Tyson Chandler turned into one of the best defensive centers in the league and the team got solid play from Peja Stojakovic and Morris Peterson. Over the second half of the season (and the playoffs) it looked like Julian Wright was turning into a starter-quality player right before our eyes.

Fast forward a few months, and after adding NBA Finals hero James Posey, the Hornets have lost five of their last seven games and are sitting at 5-5. It gets worse: they lost to Charlotte two weeks ago and lost last night, at home, to a Sacramento Kings team that was without Kevin Martin.

But Posey certainly is not the one to blame. His PER of 14.18 is actually the second-highest of his career. The only disadvantage I can see to the Posey signing is that it has taken valuable minutes away from Julian Wright.

No, the problem in New Orleans is not Posey, Paul, West or Chandler. They’re all posting the same numbers as last season. The problem is Peja Stojakovic. The team is paying him $13 million this season (and owe him another $29.5 million over the next two seasons) for the privilege of having him shoot 37% from the field and 38% from long range. Stojakovic is a poor defender, so if he’s not knocking down shots, he’s hurting the Hornets on both ends of the court. And right now he’s not knocking down shots.

I didn’t like the Stojakovic trade when it happened, and I really don’t like it now. I’d like to see the Hornets move him and give more minutes to Posey and Wright. But it’s going to be tough to find a team that wants to trade for a 31 year-old shooter who has two years left on a bloated contract and hasn’t shot better than 44% since the 2004-05 season. Stojakovic helped the team last year because he shot 44% from long range. Unfortunately, that was a career-high, and he’s not likely to match it this season.