Visual Studio 2008 (code-named Orcas)
Visual Studio 2008 (code-named Orcas) is scheduled to be officially launched on February 27, 2008 . It is focused on development of Windows Vista, 2007 Office system, and Web applications.
The new features that is gping to be packed with this is,
LINQ (Language Integrated Query) new versions of C# and VB languages ,
WPF(Windows Presentation Foundation) visual designer ,
A new HTML/CSS editor influenced by Microsoft Expression Web
Default configures compiled assemblies to run on .NET Framework 3.5
XAML based designer (codenamed Cider)
LINQ to SQL designer
support for UAC manifests
An enhanced set of UI widgets, both for WinForms and WPF
J# will not be included
Hope this list is really exciting.