Look at Darko - could Bogut be viewed as a similar project? I'd arguably say Bogut is a better player this year then when Darko went number 2....
The best players in the world in the world's best international teams play in the NBA. Bar the Italians - their PG from Athens would be one of the top 10 PGs in the world tho, imho. Likewise that PURE shooter from LIthuania. But yeah, Nowitzki, Parker, Nash, Ginobili, Gasol (QUALITY!), Divac, Stojakovic, Iglauskas, etc. GMs are recognising the quality of international players, colleges are starting to sign more and more foreign talent...it's only good for the game that the best players consistently play against the best.
However, I'd say the standard of the Euroleague would be much better then the minor league (it's name passes me by...NABA?) - just through the sheer volume of players playing in the nations.
The American TEAM is not the best in the world, but that's because it doesn't exist. It's just a hybrid of players thrown together at the last minute before international tournaments to compete. Plus, the league and it's marketers focus completely on the role of the individual - basketball is a team sport - as Detroit showed - but then, the most I've heard about that series is how they "shut down Kobe", "stopped Shaq", not that they stopped the Lakers.
If you look at the major American sports - football, basketball, ice hockey, baseball - the only true global sport they play which demands a quality international team structure is basketball - as players can't gel overnight. The other sports are driven by American money and TV networks - basketball is GLOBAL. Other states which have had a century old soccer culture, from which the international squad is at the forefront of maintaining national pride, understand the need for players to play together consistently long enough to gel and form an understanding. Club football IS getting in the way of this, slowly, but still, the mindset is there.
PS I'd say Bogut will go top ten, and Schenscher will slide into the top 30 based on being the lynchpin of Georgia Tech's run to the National Title. Just imho.