Microsoft is showing off its new Acropolis framework for .NET. It seems to be a little more than good old CCmdTarget of late MFC.
Back in 2001 when I was making a transition from C++/MFC to C#/.NET two things I missed the most were C++ templates and CCmdTarget/Doc/View architecture of MFC-based Windows UI. I could not believe Microsoft didn't port CCmdTarget at the time and naturally wrote my own. But pretty soon it was obvious that with C# and Visual Studio .NET writing ASP.NET web applications was easier than making Windows UI apps, and people wanted web UI more than windows UI.
Combine dwindling demand for Windows UI with inferior development tools and you end up in the situation where software architects don't even debate whether their next enterprise application should have Windows UI or web UI. It's assumed and understood that it will be a web-based application. If you think an application needs to have Windows UI - you will face an uphill battle convincing other project stakeholders it's the right way to go.
Simply put, Windows UI is so out, and web UI is so in that incremental improvements in Windows UI world like WPF and Acropolis is too little and way too late to save the day. We've got AJAX, thank you very much. In my arrogant opinion enterprise apps will not go back into Windows UI world. The last bastion of Windows UI applications is SOHO market, but that is about to change with HttpVPN making it possible to make easily redistributable web applications for consumers and small businesses. Once that happens, Windows UI will become just gaming and other graphics-heavy applications platform.