At the 2008 PDC, Kam Vedbrat and I introduced two brand new DirectX APIs, to be included in Windows 7: Direct2D and DirectWrite. Direct2D is geared towards high-quality vector and bitmap graphics, with the performance characteristics of hardware-acceleration as you'd expect from a DirectX API, whereas DirectWrite is a text processing stack that can be used with any rendering technology, most notably, of course, Direct2D. We believe these two APIs will do for native code developers what WPF did for managed code developers, from the point of view of enabling visually stunning interfaces and readability rivaling the printed page.

For more details, check out the video of our PDC presentation, available at Channel 9.