Iceberg, I did read it. I'm sorta leaning towards the same conclusion you are, but I think I still need to see more.
The Pacers are 16-1, but have played only two above .500 team so far if I'm not mistaken. They are playing with great confidence, and George is definitely in a groove. Like I said though, I want to see how he plays when things don't go his and the team's way, when they drop a couple of games or when they face a team that, like wcsoldier said, really focuses it's defensive schemes and adjustments on him (like the Clips did in the 2nd half yesterday.. they managed to really slow him down).
If he can play at this level when it's playoff time and against smarter, better prepared defenses.. then yes, he'll be elite.
He's at "very good" right now, but for me to call him "elite", he needs to show that he can be the type of player that will perform at a very high level against any kind of set, in any type of context. That's not just a mental (confidence) issue, it's, like I said, a skills/fundamentals issue. I believe in his offseason work, in his improvement, but I just don't know if he's improved enough to hang with the truly elite just yet.
"The first time I ever saw my uniform hanging in the locker I put it on right away, and it just felt like I was putting on golden armour. From that day forward, I just called it 'the golden armour', it just felt like there was something mystical and magical about it" - Kobe Bryant.