I like JoeTerp's 3-5-2, in one of these iterations:
Reina
Finnan Carra Aurelio/Riise
Sissoko
Pennant Gerrard Alonso Gonzalez
Bellamy Kuyt
Or:
Reina
Finnan Carra Riise/Aurelio
Sissoko Alonso
Pennant Gerrard Gonzo
Bellamy Kuyt
We could use the 3-5-2 against the weaker teams (i.e. Sheff U) at the beginning of the season, and switch to the 4-4-2 against better opponents (unless the 3-5-2 is a ridiculous success). And in the 4-4-2, as much as I'd like to see Momo and Xabi on the field at the same time, I think one of them should be sacrificed in order to let Gerrard into the center and Pennant into the right wing. Pennant's pace is invaluable.
By the way JoeTerp, are you still at UMD? If so, how's our (American) football team doing?