That entire oSu team gets an asterick as far as I'm concerned. Real players were getting drafted into the army, not getting exemptions for being at an agricultural school. We saw what Iba was made of against the Soviets and most other teams for the 25+ years AFTER the asterick championships.
End of rant, and OU wins the all-time pretty easily against the in-state teams. To the suprise of many, I'd be willing to bet that the "all-time" team that OU can throw out is comperable to just about any school that you can throw out there short of UCLA, UK, KU, Duke or UNC [FWIW, Syracse and G-Town have had some extremely talented individual players as well over the years].
Personally, I'd go with the following and figure out a way to make it work:
C: King
PF: Blake
SF: Wayman
SG: Hollis
PG: Blaylock
All these guys were All-Conference, All-American, C-POY and N-POY types that at least led their teams to the Elite Eight. Adams is a tough scratch off that list, but feel like King and Griffin collected more hardware.