Handy draw for Liverpool, one foot in the quarters already, besides Rangers Benfica would have to be one of the weakest teams left in the competition. Certainly wasn't impressed with them when they played Lille in the Stade de France.
Chelsea Barcelona, meh much of the same again, Mourinho will have a whinge about the ref, although this time round the second leg is in the Camp Nou so I think that gives Barca a slight edge.
Real against Arsenal, fantastic tie, with the way those teams play their football, that'll certainly be one for the purists and neutrals. Real will be obvious favourites but I think Arsenal could pull it off.
Villareal against Rangers, should be fairly straightforward for the Spanish, can't see an upset there. Besides McLeish could be out of a job by then.
Milan against Munich, clash of the giants, don't know if Milan will get through this one, Bayern have had a decent enough run in the group stages while Milan stuttered their way through.
Lyon v PSV, another good draw, should be a decent tie, both teams in decent form, fancy Lyon to get through and even go further this time round.
Bremen v Juve, again should be a routine enough tie for Juve, doubt Bremen can do enough damage and take something to Turin for the second leg.
Ajax v Inter is certainly another tasty tie, just fancy Inter with their firepower up front to scrape through, but it'll be a close one, Ajax are certainly no mugs.