What makes you think they should have made it to the semis, though? England did very well in qualifying, I'll give you that, but with a squad that has Green, Cole, Warnock, Heskey, Defoe and barely crawled out of a piss easy group, I'd say you were lucky that Germany only handed your asses to you 4-1 (heck, I'll give you the 4-2!) There was nothing about that team that should have made it to the semi finals.
I'm going to borrow a point I saw elsewhere and thought it was a good one, but Enland finally look set to be able to compete in a shootout: Gerrard, Baines, Lambert, Rooney, Lampard..not bad!
Less experienced this time around, sure, but by mixing in some talented youth I think you've got nothing to lose. I think England and Uruguay will both emerge from your group.