My picks for individual baseball awards:

AL MVP:
1) Alex Rodriguez. Part of me wants him to win this award just because he's been shafted so many times before. But if you look at it in terms of this year alone, his contributions offensively and defensively are greater than anyone else. Good leader and clubhouse influence... you can talk about Texas being in last place all you want, but he's added the most value to his team.
2) Jorge Posada.
3) Bret Boone.

AL Cy Young:
1) Tim Hudson.
2) Esteban Loaiza.
3) Pedro Martinez.

This is a close enough race that their final starts might impact this pecking order.

NL MVP:
1) Barry Bonds. Easy decision because of his superior OBP.
2) Albert Pujols.
3) Gary Sheffield.

NL Cy Young:
1) Jason Schmidt.
2) Brandon Webb. I'm not kidding. No one knows about him, but he leads the NL in Support-Neutral Value Added.
3) Mark Prior.

For those of you who want to give the Cy Young to Eric Gagne, I think you'd also have to put Billy Wagner in the top 3. He's been just as dominant.