Visual Studio 2008 - What's new?

Visual Studio 2008 delivers key advances for developers in three primary pillars:

• Rapid application development
• Effective team collaboration
• Breakthrough user experiences

The Key features that I like very much in the VS 2008 are:
Enabling New Web Experiences: Developers can easily create efficient, interactive Web applications with Visual Studio 2008. Seamless integration of the familiar ASP.NET AJAX programming model enables more efficient client-side execution, giving end users a more responsive Web interface. JavaScript IntelliSense and debugging further improve the development experience.

Gaining an Improved Overall Developer Experience: Visual Studio 2008 simplifies the user’s ability to adopt the toolset and framework separately by enabling developers to target different .NET Framework platforms. Along with that it makes the developer life easy while building WPF, WCF and WF applications. I can see loads of improvements in developer experience...
Improving Application Lifecycle Management (ALM):
ALM features in Visual Studio provide great support not only for managing the entire software-development life cycle, but also for critical interaction with an enterprise application’s final end-users and IT stakeholders.
Handling Data More Productively:
The introduction of Language Integrated Query (LINQ) and other data-access improvements enable developers to apply a consistent programmatic approach to data handling, perform data access with new data-design surfaces, and use built-in classes for the occasionally connected design pattern.