During a Demofest at TechEd Europe last week, Michael Leworthy, a Senior Product Manager at Microsoft presented a demo of Windows Home Server Vail which is currently being beta tested.  If your familiar with WHS V1 then you will enjoy seeing some of the changes that are coming with the next version otherwise known as Vail.

Here is the video of his presentation and demo:

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It runs 45 minutes and is more than just a bunch of slides with screenshots.  He gets you inside a WHS Vail installation and shows you the interface and functionality you can expect from it.