I believe this has come up before, and someone once posted a means of estimating VO2 max from what I remember as your max 5 min power. I was having a discussion with someone who made the argument that, for example, Lance's ave power of approximately 465 watts for 30 minutes during the 04 L'Alpe d'Huez TT, based on his weight, would give him an estimated VO2 Max over 100, which would be beyond human physical limits.
I think his actual VO2 Max is supposedly 82, which he also argued that, though excellent, was not a world beater and so therefore his achievements are not natural.
I'm not interested in another "did Lance dope?" argument, but that reverse estimate of VO2 from power/weight made me think a little. Is it possible to achieve a ballbark figure of VO2 Max from FTP/weight?