Web Service Software Factory: Modeling Edition ( aka Software factory ) is one of the new releases from the Patterns and practises group of Microsoft. The software factory helps developers and architects to built WCF and ASMX service with the best patterns and practices in the consistent manner. The Service Factory contains automation and guidance integrated into Visual Studio 2005 for building services. The core of the automation components is a Web services domain model. This domain model contains elements specific to WCF like Service contracts, operations, messages, and data contracts.
More info can be available on following resources
MSDN : http://msdn.microsoft.com/servicefactory
Community site: http://www.codeplex.com/servicefactory
Microsoft have been in the news since its inception. This time, they are in the news for the series of releases of their product. October timeframe , Microsoft have released the source code of .NET Framework libraries. This was mainly help developer to understand how the libraries have been written and also to debug the code within the libraries which was not possible earlier. Apart from this, Microsoft is eyeing on Feb, 2008 to release some of its major products called SQL Server 2008, Visual Studio 2008 etc .. However, side by side, another exciting product that is gaining a lot of discussion is Silverlight. In a one line, i could say, Silverlight is compiled and must more robust product of Microsoft against Flash. Series of .NET Products are going to get released this year as well. The very famous, scott guthie has blogged on upcoming releases and can be accessed from here