Well.. I'd might stick Gooch at the top of the order, and then pick Knott / Taylor as a specialist 'keeper. I'd rather NOT choose Gooch... but I'm not sure who I'd push up the order to open in order to accomodate Thorpe / Randall at 6: I'm not sure you can experiment with Beefy as a pinch hitter in an XI like this.

Lower down the order.. Willis strikes me as the only certainty. Lots of seamers would be in contention... including Fraser, DeFreitas and Ealham.... but I'd want two first rate slip catchers to join Hick in the cordon as well as some additional batting.... so Botham and Flintoff might get in first (though in a side based around finding gaps and on sharp running between the wickets from Knight, Gower and Fairbrother... Flintoff in particular would be incongruous)... and after that I think Hendrick would get the nod, not least for his superb close-fielding... leaving one spot for Underwood.

Gooch
Knight (short leg)
Hick (gully, slip when Botham / Flintoff bowling)
Gower
Fairbrother (point)
Botham (1st slip)
Flintoff (2nd slip)
Knott / Taylor ('keeper)
Hendrick (short extra cover)
Willis
Underwood

My occasional bowling options would be Gooch and Hick.. but they shouldn't really be needed much.

ps. the fielding looks awesome... but for 12th man and beyond I'd have Randall and Collingwood to patrol the covers and Chris Lewis to patrol the leg side