Nar to risky.
I'd probably throw half the first team out with youngsters one leg. Then the second half the first team out with the youngsters in the second for the first two rounds of qualifying.
Something like this...
Sinama-Pongolle Morientes
Riise Alonso Welsh Nunez
Warnock Whitbread Carragher Finnan
Carson
then:
Cisse Mellor
Luis Garcia Gerrard Hamann Potter
Warnock Traore Hyypia Josemi
Dudek
With first team players on the bench should something go drasitcally wrong.