Well, the express edition anyway, and for just one year, but this is still a very generous offer from Microsoft. I think this will empower a whole generation of programmers, and is the sort of grassroots investment needed to revive the home-computer revolution that launched my generation of programmers.
UPDATE: Nice to known that I am not the only one who bemoans the loss of the home computer. Any angel investors listening? I have the solution, but it will take at least a year of funding.