If SKA do the unthinkable and get knocked out who becomes the new favourite? I think it's very unpredictable in that scenario.
I believe it would be CSKA, again, by a big margin. Their final series against Ak Bars would probably a little bit more competitive but still there would be no stage of disbelief throughout the series. I'm not sure whether KHL actually wants to create a competitive league in terms of parity but personally, as a huge fan of the league, I think this is an aspect they need improvements in if they want to be a successful international brand.
For years, I followed the league day and night. From Amur to Spartak, I've watched pretty much every single game I could. But now I'm having troubles concentrating - it just feels like I'm wasting my time, knowing how everything will end. Jokerit, Sochi, Loko, Torpedo... All good teams with awesome on-ice product. But in a couple of weeks, all of them will be gone. What's the point?
Of course there will be stronger sides that are more likely to win it all - I'm not asking for a toss to determine the champion. Though the way the league is structured have been problematic. OK, enough pessimism for now. Hope my courageous effort of jinxing will work and it will be Severstal against Amur in Gagarin Cup Finals.