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I don't think it would be as good - not because of Wade vs. Lebron, but because Converse isn't very established as a basketball brand compared with Adidas, Nike, or Reebok.
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Magic Johnson and Larry Bird may disagree with you.
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More importantly, so would
Terry Tate
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Terry Tate is Reebok. Were Magic and Larry seriously Converse? That was a little before my time. As I've been growing up, I haven't seen any big basketball players endorsing them until Wade. What the hell happened? I do really like the ad they have with a bunch of his high school and college footage.