@gardnervh - The difference is that these days, the scope and breadth of Microsoft's products and technologies have ended up with PDC being too big to host and too big for anyone to get the maximum benefit from.
Also consider that MS now runs and participates MANY events every year including MIX, VSLive, SQL Connections, Code Camps, Firestarters, SXSW, etc. I prefer there being 2-3 conferences a year that interest me than one mega holy-cow brain melt conference once every 2-3 years.
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