The full story is over on SearchWinDevelopment.com. Here’s the gist of it all:

• Silverlight 1.1 has been renamed Silverlight 2.0. Anyone surprised?
• A beta version of Silverlight 2.0 will be available by the end of March 2008 — or, in corporatespeak, by the end of the Q1 timeframe.
• Silverlight 2.0 Beta will have a Go-Live license.

Read the full story: Silverlight 2.0, formerly v1.1, to reach beta by March