Just found this great video of a a presentation (wmv) from Linden Labs’ Cory Ondrejka (Cory Linden) and Jim Purbrick (Babbage Linden) from the Microsoft Lang.NET Conference in August - called ‘Building Reality : User-Creation and Scripting in Second Life’.
It’s mostly the slides and audio, but well worth it for the introduction into SL from Cory and lead in to the world of scripting ’stuff’ in LSL, the Linden Scripting Language. Then Jim goes on to get very technicial, talking about how LSL will be moving over to use a more robust technology called MONO (which has a coool logo!) and will be 50-150x faster than the current system, using less than 50% of the memory!
Babbage gives a quick demo at the end (from about 70mins) to show (for the first time in public) a Second Life client running LSL AND MONO. He starts by showing script running as MONO spitting out Fibonacci numbers, which it does VERY quickly. Then he unchecks a box in the scripting editor to run it as LSL and it’s veeeery slow. Lag could be a thing of the past.
[AND, at about 38 minutes, Cory shows the blogHUD as an example! Yay to that!!! 
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Funny. At the end, someone in the audience sees that Babbage has a special menu item and asks, “What is ‘God’?” - Babbage answers, “God is me!” LOL.
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