Yesterday, Microsoft announced the new naming and product line-up for what we have been calling Office "12" up until now.
The big news for SharePoint fans is that SharePoint will be called "Microsoft Office SharePoint Server 2007".
Presspack overview: http://www.microsoft.com/presspass/press/2006/feb06/02-15OfficeMoreOptionsPR.mspx
Client suite naming: http://www.microsoft.com/office/preview/suites.mspx
Entire suite pricing: http://www.microsoft.com/office/preview/pricing.mspx
New web authoring tools suite: http://www.microsoft.com/presspass/features/2006/feb06/02-15Designer.mspx