He does use it well, did you not see the Barca or Bayern games? Lampard has always been that type of player. Plus he also offers the creativity and goalscoring ability that a player like Henderson lacks, Englands best bet would be to play with a three of Lampard and Parker with Gerrard just in front of them.
Sorry, you're right he does use it 'well'. It was a bad choice of word from me.
They aren't the same type of player though. What you get from Lampard is, like you said, a goal threat and some creative play. But, like Gerrard (although I think Gerrard has more ability to play it short and safe) he's a lot more direct. Lampard's done well this season in adapting his game though, so it's a lot less apparent now than it was. With Henderson you get a more mobile midfield player with more of an engine who knows exactly what he's doing when he has the ball; Henderson won't throw a ball down the flanks if there's nothing 'on'.
Lampard and Gerrard want everything done. Now. Henderson, Carrick, Barry and from what we've seen so far, Wilshere all are more patient with the ball. It's something the England midfield lacks for me.
Personally, and I'm taking it offtopic here so I apologise, England's best bet would be a 4231 setup with Parker,Barry as the '2' and Gerrard playing off the striker.