SMB is still the team to team, with a healthy JMF, SMB will dominate the paint and most likely they'll win the champion.
However, Ginebra vs SMB seemed to be a good match up, crash that Magnolia as sometimes they are boring to watch due to their offense not really that good especially the outside shooting, and Ginebra has more fans so the finals will be more fun.
Since it's the All-Filipino Conference, expect San Miguel Beermen to be always the team to beat especially with Fajardo on board.
Since that was the always situation in every AFC, I'm sure other top teams like Gin Kings and Magnolia already have a strategy to contain Fajardo as possible as they can be in the paint while also guarding SMB's sharpshooters on the perimeter.
However, we still don't know if SMB can maintain the top spot as who knows a surprising and unexpected thing will happen along the way.
We are just in the early phase of the elimination game anyway and there are still several games left.
Stats wise SMB always have that big edge against any teams though we can't rely on it as there are unexpected outcomes that the game produces, most of the time, we call it manipulation or game fixing, knowing that there's only two major franchises that really controlling the league, though that's just opinion or speculation but in terms of capacities SMB have that advantage since JMF is being supported by those gunners who really stepping up, for me personally, I can only see Gin kings who can match up against this heavyweight squad, they've got the manpower who can compete and a good coach who can boost the chemistries of each players who are playing around.