If you're attending the TechEd Developers conference in Barcelona this year, you are like me. I arrived yesterday and missed the keynote speech. Biggest news for most, but not everyone, is that Visual Studio 2008 will be available end of this month. Now, some may wonder about the initial announcement that Microsoft made about the launch of the new version on February 27th 2008. It's simply a matter of marketing. Creating a buzz around three major products - Visual Studio 2008, SQL Server 2008 and Windows Server 2008, on a single date is more effective than releasing the bits bit by bit. Even though the other products may not even be available end of February.
At least one product will be, and from a developer's perspective, it's the most important product :-)
An overview of the new features can be found here.
Anyway, if you're at TechEd, stop by in the ask-the-experts area at the Windows Vista booth for a chat.