Definitely, I think anyone from our generation who fell in love with the game is still hooked in some respect. You're right, basketball isn't dead but its popularity is a shadow of its former self. Amusingly, the NBL is listed in the latest RALPH Magazine as one of the top 50 wankers in Australian sports, though its blurb identifies it as being great in the 90s so it's not just generic basketball bashing as many people do.
The thing is, the people who aren't into it don't give it much of a chance. I know a lot of people who say it's "slow" and "boring" though they've never really explained why. I just accept my close circle of friends are not big basketball people and don't press the issue with them but I think a lot of Australians do hold a negative view of the game. As for it being a sissy sport, well, we all know it isn't but I guess anything that doesn't involve flat out brute force and tackling people to the ground is considered "soft". If only they knew, right?
That's something soccer's always going to have over any other sport...go down to the local park or reserve, find something to mark the goals if need be and go for it. All you need is a ball, you can improvise the rest with trees, caps, jumpers etc. Same goes for footy to a certain extent. Basketball on the other hand requires more equipment, if there isn't any handy then it's pretty tough to do much more except practice dribbling and passing to one another.