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A team over 85 for this year is a great team.
A team over 85 for this year is a great team.  PB is down vs last year because Bonds is up over last year.  That is why the PB ave. will change every year.  
I do agree that 120% might be a touch low and could see 125% as a useful number.  
Remember the purpose is to affect 1 or 2 teams per year. 
Of all my teams, only 1 comes close to the 120%, and I'd only need to drop marginal player.  At 125% none are effected, and I think I'll compete in all my leagues.