The comparison between Vorlons and squids/octopuses has some basis. They exhibit more intellect than most invertebrates - because they can manipulate objects with their limbs and benefit from such ability. I've heard stories of an octopus who climbed out of its aquarium to fetch fish from a nearby aquarium. Soon enough, another octopus too learned the trick. Humans were quite puzzled... /ubbthreads/images/icons/grin.gif
Parrots are an excellent example of intelligent birds. They recognize many fruits and nuts, learn where these grow, and when to collect them. Their brain is small but capable. The need to memorize and recognize influenced the evolution of parrots just like it influenced apes.
Why are dolphins/whales more intelligent than most mammals? Perhaps because water allows long-distance communication. They can organize and benefit from social organisation - living together and cooperating. Dolphins and predatory whales can hunt in packs. Others can defend against hunters or simply assist each other. Long-distance communication allows using those benefits.
Only one species on Earth had the blessing/curse of getting all factors right. Our ancestors had grown in forests, with the need to recognize things and open "difficult" fruits. They learned when the fruit were ripe, which trees produced more, and made tools to open spiked/hard shells. They were social and needed to know each other.
Not enough to yield sentience in the narrow sense. They grew self-aware, but lacked language, abstract thinking and serious technology. Only when the forests disappeared, presenting them with difficult odds, did they use tools for hunting/defense, start walking upright to see further and carry things, build complicated societies and develop language.
Given the right motivators, octopuses could become Vorlons. Given the right circumstances, dolphins might start using tools. Given the right conditions, parrots might find some compromise between wings and limbs, weight and brain size. With different neural systems, early insects could have easily become the Shadows.
It all depends on conditions. Yet some conditions occur rarely. Oceans tend to balance things. To give the final kick to sentience, you need dead serious pressure. Hence dolphins and octopuses are likely to remain as they are. Parrots are unlikely sentients. When food becomes scarce, they fly to another forest.
Of many life forms on Earth, forest insects and mammals were the best candidates. Insects missed their shot at becoming Shadows. Unless humanity drives itself extinct, we will take that course. Hopefully with minor but beneficial differences.
Of all potential sentients, only our ancestors were left sufficiently high and dry. They lived in an unstable land environment, were unable to fly away, but sure as hell liked to live. I prefer to imagine there were/are many like them/us. That some day we will meet them, or our descendants will meet theirs. Preferably with not entirely devastating results...