One game of the CL against Chelsea is not the whole CL season. It was that game only. And this year against Arsenal? What games have you been watching? A valid goal from Messi in first leg not taken into account. 2nd leg, another penalty on Messi, first half. That game could have ended 6-0 for all I know. And seriously, do you really think Arsenal should have gone through while attempting 0 shots on goal in the second leg against Barcelona´s 19? Get some glasses.
Its true that RM has been getting rid of some of their legends. Personally the worst case was Raul. He is showing with Schalke that he had at least one good season left. Roberto Carlos as well, but he was old (34 when he left I think), and Guti, well, he had some good games and some bad games, and was also 33-34, and the midfield was apparently well covered. Not easy to make such decisions.
Regarding Chicharito, I must admit he is a great player, but still young. Lets see and HOPE he is consistent and gets better as he gets more seasoned.