I generally agree. It seems like several years ago, it was the same thing with the 2/3 position, there was just so much talent there that a lot of guys who were suddenly going for 17/4/4 were getting big paydays, because that used to be worth something, but then suddenly there were so many 2/3 guys that you could get close to that with draft picks, free agent pickups, etc.
Now I think it's that way with the PG spot, and there's probably going to be a collapse.
Just look at someone like Calderon: throws up a 12/9/4 every year or so with great percentages, and is 'overpaid' at 9 mil per year. He'd get more than that 10 years ago during the 2/3 boom. But now it's just not worth paying a PG unless he's truly elite; you can get 12/8 or even 18/5 or something from your PG for practically nothing.
That's why Rondo's 5/55 contract is not a bargain; it should be a bargain, but because of the rules and talent, its just so easy to be a good PG that no one is rushing to take Rondo and his 5/55; not that he's overpaid, but not the bargain that his production was several years ago.
As an aside, it seems like True SG is a position that is now lacking; how many 6'4-6'6 guys with legit shooting guard size can defend the position and shoot reliably without being some tweener 2/3 that's more slasher than shooter or a 1/2 combo that needs the ball.