Silverlight 3.0 official version is coming soon!

Microsoft will unveil Silverlight 3 at the Mix09 conference. Sessions will cover the improved graphics processing, media enhancements, and application development improvements in Silverlight 3:

• Deep Dive into Microsoft Silverlight Graphics Seema Ramchandani, Marshall Agnew
  Come hear about the Silverlight 3 rendering pipeline, and learn how to enhance your application experience with the latest additions to the Silverlight graphics APIs.
• What's New in Microsoft Silverlight 3 Joe Stegman
  Hear about some of the new experience-oriented Silverlight 3 features, and see how to build applications for Silverlight 3 using Microsoft Expression Blend and Microsoft Visual Studio.
• What's New in Microsoft Silverlight 3 Media Larry Olson
  Come learn about the latest media features available with Microsoft Silverlight 3.

According to Scott Guthrie Silverlight 3 will include the following:

• Major media enhancements, including H.264 video support -- streaming HD
• Major graphics improvements, including 3D support and GPU hardware acceleration
• Major application development improvements, including richer data-binding support and additional controls

Note these are just a small sampling of the improvements-we have plenty of additional cool features we are going to keep up our sleeves a little longer. next year Visual Studio and Visual Web Developer Express will also support a fully editable and interactive designer for Silverlight, and add tool support for data-binding.