Shaq IS a legend, nobody's denying that.
IMO, though, his status is pretty much fixed, at least in my book. I had his career at No4 (slightely above Hakeem's), but clearly below Jabbar's, who was my No3. If he wins the title and the MVP, he'll cut the margin, but not bridge it.
(I may move him one step above in the all-time players' list, though).