I've been playing basketball since I was 15, and even played Pro in Europe for a season, and the best basketball shoe I have ever put on my feet is the new Nike Hyperize.
I currently own 3 pairs of Hyperize shoes in different colors, and a few other basketball shoes as well.
I'm a shooting guard so this shoe gives me everything, the sole is very flexible which is the most important thing to a guard, so I get good lateral movement, stability, and it's the lightest basketball shoe around. Only thing that sucks about the shoe is weak ankle support, but that doesn't bother me because I wear ankle braces.
The newer model would be the Air Max Hyperize, same thing except a bit heavier because of the air bubbles on the soles. I'm currently trying to get ahold of the Air Max hyperize below in the last 3 pics but they aren't on sale yet.
Original Hyperize



Air Max Hyperize