ScottGu's Blog: ASP.NET 2.0 at the PDC: "ASP.NET V2.0 will be a very big release, and will also ship with a major update to the web tool support in Visual Studio. The combination will radically improve web development -- and will really define a new standard in terms of developer productivity and the time-to-market needed to deliver powerful and personalized web applications.
One of the goals we set at the beginning of the project was to cut down the number of lines of code needed by web developers to build real-world web applications by more than 50% between ASP.NET V1.1 and ASP.NET V2.0. We think we've already hit this, and when combined with some of the rich tool advances, will cut down the time needed to build a web solution by more than 75%. We've then coupled these developer productivity advances with major features in the administration, management and caching space that will enable applications to be easily administered and monitored, and scale/perform even better."