Was talking to a DLR Team member and stumbled upon his blog which interestingly focuses on DLR Hosting and how you can start writing a host for DLR. Here below is the link to his blog.
http://blogs.msdn.com/seshadripv/
If you are new to DLR, is it the Dynamic Language Runtime that would be a layer on top of CLR for creating and running Iron Python and Iron Ruby (currently limited, but extending to other languages in future) on .NET.
DLR would also be supported in Silverlight 2, currently in Beta which means you can program using Iron Python or Iron Ruby and create a Silverlight Plugin for your Web. If you want to play with the bits, you can download the same from http://www.codeplex.com/sdlsdk
Cheers !!!
p.s. A quick and dirty way of restarting my blog posting.