Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in any way.
Like them or hate them, Microsoft continues to be busy. Personally, I like the Silverlight platform and I think almost all forms of competition is good. I think Silverlight, while different, is good for the Flash/Air/Fireworks platforms. If nobody is chasing you, you don't try as hard.
So anyway, Microsoft has released the production, final version of Silverlight 2.0!
http://silverlight.net/