Alright! Going to type out some observations.
The flank with Figo and Montero is really interesting. A prime Figo is a good a winger as any, and I can't see Rivaldo helping Montero much defensively - Sousa will have to do a lot of work down that flank, potentially opening up some space in the middle for Gascoigne. The same can be said for the opposite flank with Cole not getting much help from Villa, but I don't think Ljungberg was quite as good as Figo, which leads me to my next observation.
Tugay sticks out a bit in the midfield battle. Although a good player in his day I think he comes up slightly short of the players he has to contend with here. Together with Totti's ability to drop deep, I think a pretty clear possession advantage will be to Aldo/Prath, which isn't inherently a bad thing as that might give Figo 1v1 situations against Montero, which with Larsson's and Villa's clever movement might become problematic to defend for Vidic and Hierro. As a side note even though Larsson is good in the air I don't think he'll have much fortune there in this match up as Vidic and Hierro are at least equally as good - Figo has to keep his crosses low.
If Team Aldo/Prath has the possession advantage and Team PatBepo defends deep Lloris has to use every bit of his great shot stopping. There might not be much space in the box for them, but Team Aldo has at least three players good at long range efforts (Rivaldo, Deco, Totti), and being comfortable in possession I think they'll get at least a few chances to find space in front of the opposition box to shoot from.
This is a close one for me due to how highly I rate Figo in 1v1 situations. If he gets injured (they can get injured right?) I think Team PatBepo will have a difficult time getting much out of the game. Really fun match up with two good teams.