First of all, PER is adjusted for
league average so this is a non-issue. This means PER can be compared across all eras, and personally I give more credence to later eras than earlier ones.
Defensively this era is superior and has a slower paced, half-court style. Dwight Howard, Duncan, KG are superstars and have led the league in defensive rating
8 out of the past
8 seasons. With an average d-rating of 94, almost
three points better than leaders in the 80's. In 1987 for instance, the NBA averaged 100.8 possessions a game, compared to 91.3 in 2012 and 91.7 in 2009.
As for top-tier perimeter stars, Chris Paul, Wade, Kobe, Durant, Paul Pierce, Mac, are superb players. All of them are more athletic than Bird, Magic. Chris has a higher prime than both. Wade is more athletic than any perimeter player I can think of aside from James/Jordan. Kobe Bryant is a legit superstar and in the conversation for best Laker ever. Prime T-Mac used to be a better version of Durant, even though Durant is better than Drexler. Your friend sounds bitter.

Also PER shouldn't be the end-all anyway since it lacks a usage component and defensive prowess.
I think clearly James is the most athletic player I've ever seen, and relies less on jumpers than any perimeter MVP player I can think of. Far more people around the world like basketball and our world is more integrated too. The population of the Earth is probably quite relevant to the talent pool of the NBA.
LeBron led the league in fast-break scoring so the previous, pace-inflated era of the 80's suits him well stylistically. His game really takes off when he gets those breaks in transition. He's also a great rebounder because of his athleticism...
International competition seems far more sophisticated now too, which isn't really arguable at all. That's also another large indicator to me that more people care about this sport. There's so much more money to be made.
