Visual Studio 2005 Beta 2 is going to ship on April 25 according to this page on the Europe, Middle East, and Africa MSDN site. This is welcome news, to say the least. This build is “redristributable” meaning you’re allowed to make applications based on this version of the .NET framework and distribute them to users. You were not permitted to do that under the EULA for Beta 1 and the CTP’s.
Next stop, RTM. :-)