As mentioned in the comments below, Villarreal drew Arsenal for the Champions League quarterfinals. I am personally delighted. I have been holding a grudge for quite a while because of our previous encounter. Further, I think Villarreal match up quite well against them.
Full draw:
Manchester United vs. FC Porto - Villarreal vs. Arsenal
Barcelona vs. Bayern Munich - Liverpool vs. Chelsea
This means we would avoid Barcelona until the final, but, unfortunately, would have to play Manchester United in the semis if we advanced. Probably for the best, though, because a 0-0 draw against ManU in the Final would not make many people happy!