I don't know if anyone else followed the youth side that much, but Coquelin and Wilshere actually formed an excellent midfield partnership in that side that won the Youth Cup under Steve Bould? Haven't had much of a chance to see those two next to each other in the senior side yet, but I'd be interested to see if they've still got that same understanding? Wilshere is better at defending than people generally give him credit for (or at least he's not shy about putting in a challenge), and Coquelin is a better passer and dribbler than people think. Are there better individuals out there? Probably. But as MarcO says, those little partnerships and understandings can sometimes lift you up another level.
I'd certainly like to see Wilshere used in one of those deeper roles, whether he's paired with Coquelin or not. He's a very similar player to Rosicky, for me, who I've also always thought was far better suited to playing deeper, with the game in front of him. Might stop him getting injured so much too, if he's not constantly running at a wall of massive CBs and getting chopped down every 5 minutes? Never thought I'd say it, but England have the right idea here...