When do MVPs peak?

Josh Hamilton's strong August could propel him to the MVP. Getty Images

We are nearing the end of the MLB season, and the discussion frequently turns to who should win the postseason awards. There are many debates about criteria should be taken into account for winning each award, especially the Most Valuable Player trophy. Should pitchers earn votes even though they could win the Cy Young Award? Does the award go to the best player in the league or to the player who is most valuable to his team's success? Should only players on playoff teams be considered?