"He is not classified as Omega Level by Marvel, but since Marvel has never actually stated what the parameters/requirements of what Omega Level are I don't pay attention to that much. Magneto has manipulated matter on a sub atomic scale (X-Men Vol. 2 #87, Uncanny X-men #212, Classic X-men #19) and he has partially discorporated (Uncanny X-men #275, X-Men Vol. 2 #3, X-Men Vol. 2 #87) which would seem to indicate that he has the potential to transcend his physical form. Only seven mutants are classified as Omega: 1. Absolom Mercator/Mr. M 2. Gabriel Summers/Vulcan 3. Robert Drake/Iceman 4. Jean Grey/Jean Grey 5. Joshua Foley/Elixir 6. Franklin Richards/Franklin Richards 7. Quentin Quire/Quentin Quire "
As far as power levels are concerned where do Hellion, Cannonball and Gambit stand?