Microsoft has released Beta 2 of Visual Studio 2008 and .NET 3.5 (I guess the Orcas codename is getting phased out at this point). Here’s a good blog that talks more about it.
I’m downloading the Professional Edition now using the Microsoft Secure Content Downloader. It’s pretty big (3 gb), but fortunately I’ve been getting a decent download rate at work (2-3 Mbps).
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