Yesterday in a great MCMS session at TechEd, Best Practices for Designing & Building CMS, Arpan Shah announced that MCMS SP2 will be released after the .NET 2.0 Framework is released (week of Nov. 7th). This is not a feature pack, but an excellent service pack that will support Whidbey, SQL Server 2005, and Master Pages. Andrew Connell, MCMS MVP, has a lot more info on the announcements...
» AC's post on MCMS SP2 and Futures