My three thoughts about this deal:
1. Savvy move on Manchester United's part. They get a proven international goal-scorer without having to pay a transfer fee. Sure, his injury history is something to worry about, but he passed their (surely rigorous) physical, and he apparently is on a performance-based contract. Only gets paid if he produces - if he's injured, Sir Alex won't have to pay it appears. And it gives him incentive to perform well.
2. Wonder how he'll be received at his former club, Liverpool...Manchester United's arch rivals and all.
3. Manchester United > Hull City. Remember when Phil Brown was talking about trying to land Owen? That looks pretty ridiculous right about now.
EDIT: There's something else I want to add. I wonder if he'll find his way back into the England squad if he performs well at Old Trafford. We're less than a year away from the World Cup, and England has essentially qualified without him, but it would be tough even for Fabio Capello to turn away an experienced striker with 40 international goals.
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