Wearing next season's kit, the team were well in what was pretty much an even, if largely uneventful contest, until Andriy Voronin gave the visitors the lead deep into the second half. Fernando Torres doubled the advantage and Liverpool finished with a win.
It was a sluggish beginning in the sun until Voronin worked Radek Cerny for the first time towards the ten minute mark with a smart volley. The Czech then needed strong palms to divert Ryan Babel's fierce drive to safety.
Jermaine Jenas and Dimitar Berbatov combined on 15 minutes to provide half a chance for Robbie Keane but, from the Bulgarian's flick, Pepe Reina just beat the striker to the punch.
The next time either of the goalkeepers was in action was 25 minutes in when Reina stopped to fingertip away a powerful header from Berbatov that was snaking inside the right hand post.
In truth, however, the game meandered towards the break with neither side getting a grip of the game or in any way dictating.
There was a double change at half-time with the introduction of both Tom Huddlestone and Teemu Tainio, with Jenas and Jamie O'Hara making way, but it was Torres who nearly seized the lead following a burst from Steven Gerrard. The Spanish international picked his spot and it took the feet of Cerny to prevent him adding to his prolific Premier League total.
Keane had the chance to add to his at the other end after Steed Malbranque teed him up with a throughball to the left of the area, but the striker dragged his shot across goal. A big cheer went up with news of West Ham losing at home to Aston Villa and it roused the crowd to push the team on for a possible 10th place finish.
Gerrard dipped an effort just over the bar after good work from Javier Mascherano, with Liverpool having already drafted Yossi Benayoun from the bench. Malbranque, moments later, rattled the side netting.
The deadlock was broken on 69 when a Torres flick on allowed Voronin to squeeze in behind Alan Hutton and toe-poked beyond Cerny. Four minutes later it was two when Benayoun fed Torres, who advanced and beat Michael Dawson before prodding past Cerny. Torres could have made it two with a similar run a couple of minutes later.
Cerny was called into action to save off his own player when a Gerrard cross was nodded towards the top corner by Hutton before Torres struck the bar with an effort from outside the area.
Cerny then did well to palm away from Benayoun before Tainio hammered our final shot of the season into Paxton Road.
We bade farewell to season 2007-08 with a 2-0 defeat to Liverpool at the Lane.