I do plan on adjusting league settings each season to reflect changes in offensive/pitching numbers. I believe offense went up in 1987 as you said and then back down again in 1988. I would have to check the actual numbers to verify that.
Of course this is not a true replay of history so it is hard to say exactly what will happen based on the moves & decisions that the league owners make and how players develop.
It should be very interesting!!