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So you have a new application facing you that you know will take around 6+ months to complete. You don't want to redo this app again next year to take advantage of VS.NET 2005. So, what are you doing in this case? Building your app in VS.NET 2003 for a total rewrite ahead (assuming migration isn't the smartest), Start with the BETA now, or hold the project until VS.NET 2005 is released?