C# For XBox 360 Development

There have been lots of great news from the Game Developer's Conference this year. But, my favorite thus far is the announcement that C# will be supported in XNA for developing games for the XBox 360. I think this is great and will allow small companies to quickly create games for XBox. Tie that to the XBox Live market place for casual games, and small developers will have a good way of distributing these games too.