Not very good.
A few remarks concerning most formations:
It's silly to play with only one defensive midfielder in Serie A, and it's suicide when you have both Zambrotta and Chiellini in defense.
Nedved has been a fantastic player over the years but the age of 33 he is not the same player he was in 2002. He can still play a lot, but more in rotation rather then starter.
Del Piero, Trezeguet, Mutu and Ibrahimovic can all rotate. This way we keep good condition for all the attackers. With these players we HAVE to play with three of them at once, as their wages probably make 50% of the total.
Gilardino and Cassano are superb players, but with the choice we have signing them would be a waste of money and Real Madrid 2002 like.
Thuram can still play for another year. He makes a very good team with Cannavaro. Signing a younger defender is OK, but only when he isn't too expensive and a creative midfielder with good ball winning ability is signed.
I don't feel good about changing Zambrotta's position AGAIN, it's a bit disrespectful. But the quality difference between Chiellini and Zebina forces it.
------------------------------- BUFFON -------------------------------
--- ZAMBROTTA --- THURAM --- CANNAVARO --- CHIELLINI ---
------- CAMORANESI ------- EMERSON ---------- ??? -------------
----------------IBRAHIMOVIC ---------------- DEL PIERO ---------
----------------------------------- TREZEGUET -----------------------