I talked at length about the problem with USA Basketball a little earlier, now it finally seems that they realize it too. According to a story at ESPN.com, USA Basketball is working with the NBA to determine a new method of player selection.
The two ideas talked about are setting up a tryout system and just sending the NBA champions. Sending the NBA champs does have problems, such as free agency and the foreign players that the champs would lose. So, the most likely outcome would be a tryout system where USA Basketball invites NBA players, college players, and Americans playing overseas to all try out for the team with the intent of keeping the team together for both the qualifying tournaments and the next championship (whether that be the World Championship or the Olympics). Finally, some sanity!