Not when you've already said you find the rule flawed and how you dislike it.
Sure that rule is flawed and I definitely dislike it. But it's one thing to restrict amateur athletes who deserve to compete with and against the elite amateurs of the world, simply because of their national ties. It's something else altogether to restrict professional athletes from competing against said amateurs, to level the playing field and encourage high drama and top notch action against the best amateurs in the world in a contest where the result is not preordained.
I'm not interested in suppressing excellence for the sake of a contrived sense of competition. It's not competition if you fix the event to exclude people.
But it's not a contrived sense of competition. And it certainly is not accurate to suggest the event would be "fixed". It's all relative when you think about it. If the rule is applied across the board, and professionals are excluded from all countries, the excellence will still be there and the competition will still be fierce. And the results will truly be up for grabs, which is far less contrived than what will amount to a concession of the gold medal, and an competition for second place.
I don't only refer to men's basketball in this regard, and it's hardly a knock at the USA team specifically. As a Canadian, I love seeing Canada contend for and often win Olympic gold in hockey. But I don't believe that NHL players, from any of the countries, should be allowed to participate in the Winter Olympics. And in this case, at least numerous countries have strong professional representation, keeping the playing field a little more even, but I still don't like seeing professional athletes take a hiatus from their league only to compete in the Olympics and steal a spot which should go to an amateur athlete.
Likewise, I'm not a big fan of seeing a rematch of Wimbledon, in the same year, in the same arena (obviously) at a showcase which should highlight the best amateurs. I saw Federer/Murray at Wimbledon last month. I may see them again in another few weeks at Flushing Meadows. The Olympics should be a time for other guys to shine.