Allan Houston, Dale Ellis, Ernie and Bernie are MUSTs. But that's one true guard and three swingmen/forwards. We need more of a point guard, and though he played more of a shooting guard, you've got to put Tony White on there.
Backups would include: Lofton, Dyron Nix, Ron Slay, Tony Harris, Reggie Johnson, Steve Ray, Gary Carter, CJ Watson, Dan Federman.
Side note - maybe the best player never to really get a chance to shine with a great team: Marcus Haislip. If he's stayed his senior year, he'd have been SEC player of the year. He was unstoppable down low.