Besides announcing the acquisition of devBiz at VSLive!, Microsoft also laid out a roadmap for their upcoming development tool releases:
Visual Studio code name “Orcas”
Visual Studio Team System code name “Rosario”
Follow the link for feature details and also the details on upcoming Team Foundation Server Power Tools, Team Edition for Database Professionals Power Tools, and the Team Edition for Database Professionals Service Pack 1 projected to be available in 2Q07.