From what we've seen in shortened seasons was arguably the most exciting basketball around. The stakes are higher and teams are much more engaged both physically and emotionally. The bottom line is that anything that takes dollars away from league revenue is guaranteed to be shot down. Supply and Demand would also probably make way for higher ticket prices-which is something I don't want to see happen. It's interesting though because a shorter season has many positives associated with it: Healthier players, less tanking?, better quality games, and more intensity.
When Basketball season is over I turn my sports boner over to the NY Mets. Yea the Mets suck and a hard to follow these days but the enormous length of the season is really what kills it. Baseball's long season is a big reason I think people seemed to have stopped caring about baseball, so that's a league where a shorter schedule could really help.