A buddy at Microsoft sends me this:
This one I am especially proud of. We just launched this yesterday afternoon.
Microsoft ASP.NET Web Matrix Project
He continues: So now with the Web Matrix (free) combined with our MSDE Database (free) and the .NET Framework (free), all running on IIS (which ships free with Windows), you have a zero-cost entry point to play with and develop .NET enabled applications and XML Web services.
Not bad, eh?
Not bad indeed. I’ll be checking it out in the next couple of weeks.