Just to play devil's advocate
1. Instead of proving that the first boys allegations were "lies," he paid him off from anywhere between $15-$30 million. I don't know about you, but if I was accused of a crime that was baseless and couldn't be proven, I certainly wouldn't pony up five cents, let alone tens of millions.
True - but lawsuits are settled everyday and back then, that $$$ was not that relevant to him - it would have been like most people paying $1,000 or so. Also, the legal fees for Jackson would easily have been $10 million and there is chance he may not have won due to disfavorable public opinion. So, this is not that relevant.
2. The first boy to publicly accuse him of molestation knew of and described in great detail the marks on Jackson's genitals. When Jackson was stripped by police, the marks described by the boy were coroborrated.
Anyone of Jackson's personal servants could have seen these markings and passsed them on for $$$$$$$. I mean much info. about celebrities is bought from their help. So, why should this be any different. Also, the kid could have spied on Jackson at the bequest of his parents in an attempt to export Jackson.
3. Jackson's bedroom is rigged so that if anyone comes near it, doors lock and alarms go off.
Many rich people have these types of panic rooms. This is not that out of the ordinary in their world even if it is to us.
4. A secret storage closet filled with unmarked videotapes was made public when one of Jackson's employees shot a video of the house and leaked it to the media. The closet and the tapes mysteriously disappeared shortly thereafter.
Nothing illegal of of ped. nature has ever been proven to be on those tapes. They could have been work product and he moved them and the closet after he discovered the sotrage place had been disposed of. Also, if he had tapes of all of these children (and according to that there were a bunch of tapes) - wouldn't at least ONE of them be coming forward 
None have. That is strange
5. He admits to sleeping in the same bed as children.
6. Some of his old business associates have come forward and claimed to have seen him slip alcohol to young boys.
Perhaps true - but none of that has been proven. AND - weren't some of these people disgruntaled Again, where are these kids? Certainly if it happened in the quantity that suggests, at least one of them would be coming forward
7. Even though he claims to have such a great love for children, he never seems to have any little girls around...
That is not exactly true. He has little girls and boys over there based on the pics. I have seen.
Thus, I think other than the genetalia markings, the rest are of no damning nature. The fingerprints on the porn are far more damning.
In any event and no matter the evidence, he will be convicted without a doubt in my mind based on what I have seen.