Well, I know that I own both, but I haven't really played NBA 2K8 a lot, so I'm not really qualified to enter judgment on it. However, I play NBA Live 08 a lot, and I feel that some of your NBA Live 08 points need to be refuted:
WAY OVERRATED ROOKIES! I hated being outplayed by a no name rookie that was rated almost as high as Kobe
You used Morris Almond being ranked 85 as an example of this. Well, in my game, from the first day I got it (and I got mine on the first day it came out), Almond was rated a 65. I even turned on my game and checked it just now. The highest ranked rookies in the game are Durant, Oden, and Horford, and I think only Durant is ranked above 75 (which, while maybe a little unrealistic, isn't so far off that it's ridiculous.)
2. All-star Point Ratio. Whichever player had the highest overall rating, was guaranteed to score 70+ points, never miss a free throw or shot, and avoided fouling every time.
Really? Because I've won many an online game by getting Kobe to commit fouls on me, and I've lost a lot of games when my top players have all fouled out.
4. Updated Rosters could NOT be taken into Dynasty mode, which sucked if you wanted the new celtics roster.
That's not true. I created two uber-players, put them on the Celtics, and brought that updated roster into Dynasty Mode. True, you need to load the updated roster BEFORE starting Dynasty, but that's not unreasonable; if you make trades in Dynasty, what happens if it automatically updated rosters?
5. Ridiculous charge calls. If you want to win easy, just run up against the PG and cause a charge. too easy.
Well, it's never worked for me :-) More often than not, I get a blocking foul trying to do that.
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If you want to list glitches on NBA Live 08, here are a couple that come to mind:
1.) The Lakers players all seem to get every roll and bounce. I mean, to a ridiculous degree. I've seen players take turn-around fadeaway shots with Vujacic from behind the 3 point line, and they make them easily.
2.) In general, the "turnaround fadeaway 3 point shot from 25 feet out" goes in far too often. Ray Allen is one of the purest shooters in the game, but I KNOW he can't do that with any regularity.
3.) The rebound trick is a bit cheap. I admit that I've used it myself when another player has been taunting me on mic or something, but all you have to do is quickly jerk the right stick down and then up and right, press A to switch the player as soon as the view changes, then jump and get the rebound. 75% of the time, you get the board, go for the dunk, and get fouled again. I once got 4 fouls on David West with only 8 seconds elapsing off the clock just by doing that.
4.) Balls for rebounds often bounce on the floor before they're picked up
5.) When the ball's knocked away, a lot of times there'll be a crowd of people around the ball and NO ONE will pick it up.
6.) The AI teammate defense is terrible. So you'll stay with Ben Wallace 15 feet out, but you'll sag off Nowitzki? Really? Is it THAT hard to write AI that takes into account the player's skills? It's not like the skills aren't broken down in there already.