.NET Reflector, by Lutz Roeder, must be one of the most useful tools I have when developing .NET code. Usually it is the first thing I install right after Visual Studio not even waiting until I need it because I know I will.
So the big news is that Red Gate, makers of the Ants profiler and lots of other tools, are taking over from Lutz Roeder and will continue developing .NET Reflector. Interesting move and I hope this means a bright future for the .NET Reflector.
Read more about this here.