According to CRN, a Microsoft executive, Chris Capossela, publicly confirmed what Redmond has been telling channel partners for some time: that MCMS will get folded into Sharepoint under the new "Office 12" roll-out scheduled for the end of 2006. Most interesting to me was the distinction Capossela made between the two products, "CMS is for running Internet sites, SharePoint for intranet sites and team collaboration." It's a useful bifurcation, but begs the question about whether you will need MCMS to manage ad-hoc web content on your Intranet.