The format that makes the most sense to me with the "games should be worth the same" argument is that wins are 3 points, overtime and shootout wins are worth 2 points, overtime and shootout losses are worth 1 point, and regulation losses are worth 0 points.
In that scenario, the Kings would have 122 points. Here's how the West shakes out:
1. Colorado, 153 points
2. Calgary, 148 points
2. St. Louis, 148 points
4. Minnesota, 135 points
5. Edmonton, 127 points
6. Nashville, 123 points
7. Los Angeles, 122 points
8. Dallas, 115 points
8. Vegas, 115 points
10. Vancouver, 112 points