On thursday, BMC plans to give a webinar (a three hour one at that) on their new .NET based Identity Management offering. At first glance, it seems to be their current IdM offering with a layer of web services over it, and perhaps a toolkit of some sort in .NET to leverage it. Of course, that is a complete guess based on some facts I gathered from reading a few posts here.
Anyhow, I wonder how that plays with MIIS, AD and ADFS. Also...how will the Microsoft folks take it?