Visual Studio 2006 is available
I've just downloaded Visual Studio 2006 err.. Visual Studio 2005's first service pack. Well, it's a 431MB download... Not bad for a patch.
Several issues have been fixed, of course, but new features also have been integrated such as the support for Web Application projects.
The service pack is available in multiple editions, depending on the version of Visual Studio 2005 you are using:
Update: You should make sure you have some time available for the installation. Here, it took more than one hour and a half with 99% of the CPU occupied all the time!