Was about to post this but Element beat me to it. It smells bigtime of BS but it would be terrific if it was true. Falcao has just broken Klinsmann's record for greatest number of goals in UEFA Cup/Europa League. I think it would have been more credible had the Petersen transfer fallen through.
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Porto are going to keep their most important players because they want to fight for the CL trophy next season. And also it's usually very expensive buying good players from Portuguese league. The clubs usually ask for lots of money. I don't think that Falcao could leave for less than 40M
If Bayern were interested anyways, Falcao said he wants to stay with Porto for the next two years and then he'll decide where he wants to go, and I don't think he would like to go to FCB, He's the kind of player who aims to a Spanish team or MU, Trust me I'm Colombian I know about colombian players..lol...
And as you said, he's really good but we don't need him. Also I don't think he's that expensive... Colombian players are usually cheaper...
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