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Thanks. I've long since stopped being on the bleeding edge of the MS product lines, but I am interested in the direction they are taking SQLServer in general and Transact-SQL in particular. I don't see any major new features for T-SQL in the presentations - from a language perspective.
I guess it'll be nice to a have a CLR in the database process (similar to what Oracle did with the JVM). But as the PPT slides make clear, you still use T-SQL for the data intensive processing - and if you're on the database what else are you doing but data intensive processing.
On my wish list is a module system (similar to PL/SQL packages) and the ability to pass table variables around as procedure parameters and return values.
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MS PDC Session slides