No, I agree that it should've gone to the Chiefs, or even Canterbury (5 NPC Titles in a row is nothing to sneeze at), but I would imagine that the All Blacks win the team of the year award every year. I think the decision to give it to the AB's is fair though, 12 wins and a draw from 14 games is a hell of a year.
Rennie also unlucky to miss the coaching award, and Colin Clarke, Aaron Cruden and Aaron Smith unlucky to miss out on the Super Rugby POTY, although Conrad Smith did have a great year.
I think McCaw is deserving, he was immense in every game for the AB's, and he was his usual self for the Crusaders. I think nowadays we just get used to guys like him and Carter playing so well. Kieran Read must've been a very close second though, he was consistently great all year.