Red
The normal awards that everyone else has
Bit to ponder here, but I have time this arvo! I'll roll with your definition...Exactly this. An ATG player should not be out of place in a discussion for an All Time World 11. So while not everyone would name Dale Steyn in their 11 he is certainly not out of place discussing him with the likes of Marshall, McGrath Hadlee etc.
Jimmy Anderson is a great player of this generation, arguably makes an England all time 11 (or at least gets close) but no way does he belong in any conversation for an AT World 11. So I think this makes him ATVG.
Steve Smith is well on his way, I can't put him in yet as he's only mid way through his career but it is interesting.......when do you say, yep he's there? Very few would argue Steyns rating as ATG and he's played 86 tests, Steve Smith is currently playing his 63rd so not that far behind really but he's only been around for 8 years compared to Steyns 14.
Players who I consider not out of place in a World XI.
Opening bats - Hutton, Hobbs, Sutcliffe, Richards, Gavaskar, Greenidge
Number 3s - (including others beside Bradman for fairness) Bradman, Hammond, Ponting, Sanga, Lara, Dravid, Richards
Middle order bats - Sachin, Lara, Hammond, Richards, Sobers, Border, Kallis, G.Chappell, Pollock
All rounders - Botham, Miller, Sobers, Imran, Kallis
Keepers - Gilchrist, Ames, Knott, Evans
Quicks- McGrath, Marshall, Lillee, Imran, Wasim, Ambrose, Steyn
Spinner- Warne, Murali, OReilly, Grimmett (seen plenty of all time teams picked in the 70s and 80s - Pre Warne/Murali - include Underwood also...)