Thanks to Cliff Hobbs for sharing the link to a TechNet Radio session (podcast) that goes into detail about the Management features of Windows Server 2008 (formerly known as "longhorn server"). It's a 40 minute podcast which is available in WMA and MP3 formats.
The session is described as follows:
"Review of Server Management in Windows Server 2008
Listen in as Andrew Mason, Principle Program Manager for Server Core, Jeffrey Snover, Architect for PowerShell and Eduardo Melo, Program Manager for Server Manager discuss the role of Server Management in Windows Server 2008. Each will discuss briefly some of the new features of Server Core, PowerShell and Server Manager. We also talk with Jeff Woolsey about the latest updates in Virtualization."