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Microsoft WebMatrix 2 Beta is now available for download. Tester and developers can download and explore new features from here -> http://www.microsoft.com/web/gallery/install.aspx?appid=webmatrix&prerelease=true">http://www.microsoft.com/web/gallery/install.aspx?appid=webmatrix&prerelease=true

Microsoft has launched the first beta of Microsoft's WebMatrix 2.0 (www.microsoft.com/web/webmatrix), a free tool for building, customizing and deploying websites in one single experience for developers of varying skill.

However, Microsoft has been relatively quiet about the release of WebMatrix 2.0 in comparison to the previous version of the tool. The beta release of WebMatrix 2.0 is not available on Microsoft's main download page, but can be found here http://www.microsoft.com/web/gallery/install.aspx?appid=webmatrix&prerelease=true">http://www.microsoft.com/web/gallery/install.aspx?appid=webmatrix&prerelease=true

Launched in 2010, WebMatrix offered a bundle of developer tools including a lightweight version of Microsoft's IIS Web Server, an updated version of SQL Server Compact Edition, and a new "view-engine option" for ASP.Net titled Razor.

The beta of WebMatrix Version 2 has a fair share of improvements on its previous version, including the streamlining of the WebMatrix configuration process, providing greater IntelliSense support for .Net, PHP, HTML, CSS and JavaScript, a newly integrated NuGet Package Manager, and greater access to WebMatrix extensions.

The ReadMe file for WebMatrix 2.0 beta details usage with the Windows 8 Developer Preview, as well mentions that the SQL Server Compact Edition code is being updated with the SQL Server Denali code, in preparation for the Denali SQL Server, which will be out in the first part of 2012. Still there is no information on expected full release of WebMatrix 2.0

http://www.microsoft.com/web/webmatrix/betafeatures.aspx
http://www.microsoft.com/web/post/webmatrix-2-beta-readme