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Ryan Donovan Product Group Manager (PUM) for Commerce Server just announced the future roadmap for Commerce Server I know that this is something everyone has been looking forward to.
There has been some damaging news post on CRN so I hope that Ryan's blog will calm things down and squash any doubts about the next version of the product :).
CRN Links:
Is It 'Buh-bye' For Microsoft Commerce Server?
Whither Commerce Server?
Microsoft Ships Commerce Server 2007, But Road Map Remains Unclear