I'll try
I think its fare to have USSR/Russia team as basis for world team.
This is my USSR/Russia team
Ovechkin - Petrov - Mikhailov
Krutov - Datsyuk - Makarov
Firsov - Fedorov - Balderis
Kharlamov - Starshinov - Kucherov
Malkin, Maltsev
Fetisov - Vasiliev
Pervoukhin - Kasatonov
Lutchenko - Sologubov
Ragulin
Tretiak
Vasilevsky
Lets see what we can make better here.
First line is untouchable - its a masterpeace, you cant improve it. Actually, this line alone is enough to win any tournament against any team. It has absolutely anything a hockey line can have.
Second line. In my book Krutov is #2 all-time LW outside of Canada and Makarov is #2 all-time RW. Considering, that they played in one line its nobrainer to have them both in my second line. I made Datsyuk as my #2 C because I think that he match them better stilistically and is an upgrade over their real life C. I can put Malkin in his place, but I prefer Datsyuk defence over Malkin offense in this case.
Whom I can substitute Datsuyk? Stastny, Novy, Hlinka, Modano, Matthews, Eichel, Barkov, Sundin, Zetterberg, Forsberg, S.Koivy, Draisaitl, Kopitar... probably, thats it.
Stastny, Draisaitl and Novy all similar to Malkin in sense that they bring more offense than defence, while I rate Malkin higher, So I'd better put Malkin there. And I didn't because of above. Zetterberg bring less offense than Datsyuk with comparable defence. Matthews is a player who needs all his line play for him which I see no reason in this case - my line is constructed differently - best scorers are on wings while C play more defence with above average goal-scoring and very good playmaking. Also, I think that Datsuyk stickhandling match Krutov and espesially Makarov stickhandling better.
I also think that Datsuyk is a superior player to S.Koivy, Eichel and Modano in any aspect of the game.
I'd still give an edge to Dats against Barkov and Sundin, whough the distasnce here is smaller and I can see if anyone whant to make a case for tham here.
And yes, I have sweet spot for Hlinka. I think that he is extremely underrated. Big, strong, great hands, excellent both sides of the ice, greate playmaker, good scorer - he brought everything. So I can absolutely see him in this place. And Kopitar is, probably, the closest player to him stylistically.
Forsberg - yes, without any doubts, he can be here. Id put him here, but I prefer his physical game to be used in another line of my team.
So, I'd leave this line as it is.
Third and fourth line LWs are nobrainers also. They are simply two best LWs that left, so I see no reason to invent anything here - there is no competition on these spots at all.
For Fedorov everything that I wrote about Datsuyk is valid also. Actually, I think they are very close in value.
RW here is Jagr without doubts. You cant have all-time world team without Jagr and he matches his partners of this line perfectly. I'd wish to see Jagr - Firsov combo...
Fourth line. Ive already written about LW, so I'd take Forsberg as C here. To me he is clearly above the rest, exept for Hlinka, probably.
Now for RW we have: Kucherov, Kane, Martinec, Kurri, Selanne, Brett Hull. While all of them are great players, I'd take the one with comparable to Kharlamov stickhandling, clutchness and IQ. Also with such shuters as Hull, Selanne and Kurri I'd prefer a bit different LW - more like glue guy and slot player.
It leave us with Kucherov, Kane and Martinec.
They are extremely close. Im not sure how to compare Martinec to others, probably he is is not lower than Kane. And as for Kane and Kucherov I think that Kucherov has an edge. Though I can see arguments for Kane also.
As for spares. Malkin will stay he is easily the best of the bunch and with his offense he can play RW too (he played it for team Russia actually). Another spear... Really, anyone of the list. Probably, considering that I already have Malkin, I'd take some C with more two-way game. Like Zetterberg. Or Sundin. Or Hlinka.
Defence.
Here we have real changes.
The main problem with world's D is right spot.
Almost any all-time great here played left.
If we look at the right side of the rink we will see Chelios, Vasiliev, Kasatonov, Karlsson and Suchy with Sologubov and Ragulin after small gap and that's almost it.
And the left side is stacked.
Lidstrom, Fetisov, Leetch, Salming, Pospishil, Chara, Howe, Lutchenko, Pervoukhin, Hedman, Langway...
So.
Lidstrom, Chelios and Fetisov should be there.
It gives us
Lidstrom - Chelios
Fetisov - X
I'd rather not put Fetisov with offense-first D, so it leaves us with two options, really - Kasatonov and Vasiliev. Fetisov played with both of them and while his duet with Kasatonov became world-wide famous, I definately rate Vasiliev higher.
So, first two pairs are:
Lidstrom - Chelious
Fetisov - Vasiliev
And for 3d pair we have enormous variants of option. We can take defensive LD and offensive RD and have smth like Chara - Karlsson or Langway-Suchy. Or we can take two-way D on both sides and play Salming - Kasatonov or Pospishil - Kasatonov or Leetch - Kasatonov or Hedman - Kasatonov... But probably I'd take Chara-Karlsson pair as my #3 and have Hedman as my spare.
Top 2 goalies are easy.
Hasek
Tretiak
#3 is smth between Vasilevsky, Lundqvist, Hellebuyck and Holecek. Let it be Lundqvist
It gives us for team world:
Ovechkin - Petrov - Mikhailov
Krutov - Datsyuk - Makarov
Firsov - Fedorov - Jagr
Kharlamov - Forsberg - Kucherov
Malkin, Zetterberg
Lidstrom - Chelios
Fetisov - Vasiliev
Chara - Karlsson
Hedman
Hasek
Tretiak
Lundqvist