I don't think so. This era is more athletic in general and the same gambles would not pay off. Making a career taking defensive gambles would not bode well, and is a case of habits.Mike's physical tools are unique in this era and would work more in his favor since this era favors the ability to switch and help off your man while his iso ball era was more man to man (which I'll agree wasn't his strength) oriented.
Having a guard that can protect the rim has more value in today's game where your bigs are pulled to the perimeter than his era.
If a coach/system were able to curtail those habits, sure. But if you're starting on a bad team that typically isn't the case. The 10 All-Defense selections that give him his reputation would be extremely unlikely to occur.