Silverlight Overview at TechCrunch

The jist of the news is that in addition to xaml coding which is akin to mxml for Flash, you can also use VB, .net, etc to create applications for the web using a subset of the .net functionality. Supposedly at 4mb it is small and fast in terms of rendering and performance. I love this tit for tat going on between Adobe and Microsoft, it pushes the envelope and in the end us web developers have more options to create cool stuff for the web. Now that two of the big players in this space have shown their hands, I can't wait to see what comes out of Google/Firefox world.