I just read this on the Virtual Earth developer blog.  There are some cool new dev features in this release: place/address lookups (geocoding), driving directions/routing and polylines, quick data-binding for GeoRSS, public Collection layers, and Built in pushpins and pop-ups.  They have also created an Interactive SDK that you just have to see to appreciate.  Windows Live Local has been updated to use the new control. I like the UI improvements.  The Virtual Earth blog (not to be confused with the dev blog) talks about other new features as well.

-Marc

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