I think you would have had a better chance if you were playing a foreign team in the Semis. As people have said, you have been much better in Europe than in the Premiership. You definetely have a chance of beating Chelsea but saying you could/should have beat them earlier in the season isn't really a good point, Mourinho's teams "should" lose a lot of their games, but always somehow pull through.
The only reason I said you wouldn't beat them is that at the start, I couldn't see anyone in the Champion's League knocking out Chelsea apart from maybe Barca and Milan.
And Rangers would quite possibly still be in Europe if we had a Manager that had a clue. Don't give a fuck about Celtic.
Where's Morientes?