I am at TechEd in Orlando and it is super cool. First of all, the entire conference is extremely well planned and executed. Second, the content is really good. Third, regardless of what people may think about MS I think DevDiv and Server spit out one fantastic product after another.
All the WPF stuff including the VS support, Blend, Design, and latest Silverlight is just pure plain awesome.
Server 2008 is great. System Center Essentials is mega cool. heck, loads of good stuff.
And we also have stuff that just suck or products with really exiting technology wraped in a horrible UI. But I think our new products have decent to great UI and there are fewer and fewer of the "arrg, that sucks" products. All goodness.