If you want to get a head start on what features are coming in Orcas (the next version of Visual Studio), I highly recommend checking out Scott Guthrie's post. Scott recently returned from Europe where he delivered talks on many the new features (particularly those related to ASP.NET development) which he discusses in this post.
Below is a summary of the features that Scott covers.
In his post you can also find several links to presentations, videos and other posts that delve further into each of the topics.
Don't miss this!