First Look at Silverlight 2

"Silverlight 2 includes a cross-platform, cross-browser version of the .NET Framework, and enables a rich .NET development platform that runs in the browser. Developers can write Silverlight applications using any .NET language (including VB, C#, JavaScript, IronPython and IronRuby). We will ship Visual Studio 2008 and Expression Studio tool support that enables great developer / designer workflow and integration when building Silverlight applications."

Source: ScottGu's Blog