you'd have to keep Houlihan in there, if only because he's played the whole 5 years fairly consistently.
McKay definitely should be there
Hulme probably as well, for longevity.
Franchina? longevity?
I'd say Allan is lucky to get the run. He wouldn't have played a lot of ball for Carlton in that period..... and Corey, for the B&F, should be included in the ruck for Allan.
Murphy's another one who's VERY lucky to make your squad (unless you mean Marc Murphy

) He missed all of 2000 (almost) with injury, then got traded, came back for 2002 and was shit, shit again in 2003, and then got the flick.
I'd have:
B: Franchina Silvagni Teague
HB: McKay Thornton Houlihan
C: Camporeale Bradley Stevens
HF: Lappin Whitnall Waite
F: Fisher Fevola Hickmott
R: McKernan Ratten Koutoufides
Inter: French Walker Hulme Porter