No. The roster imbalance would be a lot more prevalent. I mean I just don't see a starting 5 (assuming they still make the other trades) of Mozgov, Thompson, James, Wiggins, and Irving as better than a starting 5 of Mozgov, Love, James, Shump, and Irving. The second team has a lot more balance and doesn't rely as much on James for the scoring load.
Now 2 or 3 years, that is a different answer, but right now the team with Love is better and since the window with James isn't that large, you need the better team now.