Visual Studio 2005 Beta 2 is due out March 31st April with a “Go Live” license. The “Go Live” license means that Microsoft is saying that applications developed with Beta 2 will be able to go live with the final release of Visual Studio 2005 with only minor or no modifications to the source code.
And the Final release of Visual Studio 2005 is slated for late summer 2005 to be at the PDC in September 2005.
For more information on Visual Studio 2005:
[Updated: I updated this post after being pointed to a newer article (http://www.infoworld.com/article/05/03/10/HNvisualstudiodelayed_1.html) about the release dates. Thanks.]