Microsoft recently release a Community Technical Preview (CTP) of it's next Visual Basic Express Edition (also C#, C++, and Web Developer). You can go to the Visual Studio Express Editions Codename: "Orcas" to see what they have changed in the new version(s).
I am currently downloading just the installs and not the MSDN Library, SQL Compact, or SQL Express Editions and it's over 870MB. I *MIGHT* update you when I have everything installed and working to see how my programs moved over and such.
**Please note there is also a patch to download if you are unfortunate and are running Windows Vista**