Microsoft has announced the release of Visual Studio 2008 and .NET 3.5.
MSDN subscribers can download VS2008 from the MSDN subscription site; a 90-day free trial of Visual Studio 2008 Team Suite is available now with a 90-day trial edition of Visual Studio 2008 Professional being available next week. Free copies of Visual Studio 2008 Express editions are also available as is the standalone .NET 3.5 runtime.
Scott Guthrie recommends uninstalling all Beta 2 components before installing VS2008. He also notes that VS2008 and VS2005 will run side-by-side on the same machine. However with ability to build applications that target multiple versions of the .NET Framework including .NET 2.0, maybe you won’t need VS2005 anymore.