I would argue we saw the things Fajardo doing were for real, though when they were 3-3 nobody was selling Fajardo was MOP. The following game where he scored the winning TD against Hamilton, that certainly help. Ultimately when the Riders went 13-5 with him leading the league in passing yards and being 7th in rushing yards, it made sense.
For me, the big difference between Fajardo's & Nichols' spots was that I thought the Bombers had better talent on O. And Nichols' style (1/3rd of his passes & 1/4 of yards come on passes within 2 yards of the line of scrimmage that year), requires too much from other players to deserve MOP acclaim.
Well...Fajardo's prior experience was 68 regular season pass attempts playing behind Ricky Ray and Michael Reilly (while Fajardo was on his first contract). By the time of the Collaros trade, Fajardo had almost double that many attempts in the Sask offence with their personnel and their coordinator, so I get it. Plus, his designed run + scramble game is something very few guys have--I'm sure that potential appealed to them as well.