Or not, Owen is a great deal for both parties because no one can lose. If we had to pay for him I'd perhaps be concerned over his injury issues, but his hamstring hasn't been a problem since he got help with a private specialst coach who he will still be using. The cracked ankle last season was something that can happen to anyone, you don't have to be injury prone for that. The big issues is his knee, he's passed his medical and had his knee specifically exammined with increased scrutiny according to sources and been green lighted. That's no guarentee ofcourse, it could go again, but the knee is the only issue.
As for Real, I won't stoop to the depths of using the word "pwned" beyond quoting you, but I think you'll find that Real Madrid are dominating everyone this transfer window, United, Chelsea, Liverpool, Barcelona, Milan (both of them). Real are amking everyone look like they're spending pennies.
I don't think our transfer deals are done, Valencia is a good buy but as I said before we've loaned Possebon out for the full season, to me that suggests we are looking into buying an established central midfield player which I think we need and we may still buy another forward, though I wonder if we'll put more responsibility in Welbeck and Macheda instead. I'm actually not too concerned about our front line, Rooney, Berbatov and Owen can cover the first team 11, we could only really do with another striker in the event of injury to one of thoes which will happen over the course of the season but I think another signing is on the cards regardless.
I think we are weak in central mid and with it looking like Hargreaves will not be fit for the start of the season we do need to strenthen that area. I wouldn't mind taking Sneijder from Real, he's not going to be a first team regualr anymore though he's a great player. Two footed, he can play on either wing of through the centre and he will chip in with a few goals too. But really we need another holding midfielder as well.