Next year we will ship our next major Silverlight release -- Silverlight 3. 

Silverlight 3 will include major media enhancements (including H.264 video support), major graphics improvements (including 3D support and GPU hardware acceleration), as well as major application development improvements (including richer data-binding support and additional controls).  Note these are just a small sampling of the improvements - we have plenty of additional cool features we are going to keep up our sleeves a little longer. ;-)

Next year Visual Studio and Visual Web Developer Express will also support a fully editable and interactive designer for Silverlight, and add tool support for data-binding:

Figure 5

We are pretty excited about where Silverlight is today, as well as the roadmap in place over the next year.  It has been really great to watch customers go live with cool solutions.  The next year is going to be a fun one as more and more sites launch with Silverlight 2, and as even bigger scenarios are enabled with Silverlight 3 and beyond. :-)

Hope this helps,

Scott