If we can get a good repayment deal as reported in the press for Owen (ie 2 mill a year to Real for 4 years), then I would love to keep both Morientes and Cissie as well as they seem to have different strengths so this would give Benitez more options.
We should be bringing more quality players in rather than letting them go especially after all the injury problems last year... and seemingly this year too. We need that coverage in all positions.
That said we need some reliable firepower up front rather than hoping Gerrard will score and Owen will fit the bill nicely. We could also show him the lovely new European trophies he didn't win at Madrid :-)