No he was not. Speak to people from Rome, and they go weak at the knees. Yes, a top player, but it's the single club thing more than anything else. Similar to Raul at Madrid and much respect to the both of them, super players... But you telling me Totti was better than, say... Zidane? Rivaldo? And yes. Was he better than Scholes, Gerrard... No way.
Re Italy.. Paulo Maldini and Franco Baresi were far more a player than Totti ever could wish to be.
And I would argue that Del Piero was marginally better. Christian Vieri too.