I got my MSDN Newsletter in my inbox and ran across this segment:
Visual Studio .NET Express
Apparently, in an effort to make VS.NET more accessible (and enjoyable) to the developer hobbyist, enthusiasts, novices, and students. Microsoft launched their "express" series to fulfill those needs. I'm beta testing the software, once I can get a good feel for it, I'll write a quick review.
BTW, Visual Studio.NET 2005 is coming soon, this will force me to switch to the new C# 2.0, which by the way has caught my eye as of late. The introduction of generics will definitely introduce some better programming concepts for me.