Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.
Over the coming months, customers and partners can look forward to significant product milestones for SQL Server. Microsoft is excited to deliver a feature complete CTP during the Heroes Happen Here launch wave and a release candidate (RC) in Q2 calendar year 2008, with final Release to manufacturing (RTM) of SQL Server 2008 expected in Q3.
Full story at http://blogs.technet.com/dataplatforminsider/archive/2008/01/25/microsoft-sql-server-2008-roadmap-clarification.aspx
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