Dev-ops will change architecture

Jason Zander
Latest release of Azure tools just released
Intellitrace and profiling available in the cloud
Image editor in VS11
New Azure toolkit and SDK for VS11 available today

Scott Guthrie
Automatic bundling and minification of JavaScript
Device specific layout templates to make it easier to support different form factors. Also use jQuery
Deep support for web sockets
Deploy to Azure in all server project types

Jason Zander
TFS preview is TFS in Azure running SaaS
Significant amount of Agile work
Works with VS 2010
Developer preview of Windows Server 8
Has symmetry with Windows Azure
Identity and Secure access are built in!