As part of a new consulting engagement I started today, I found out that the latest version of the .NET Solution Build & Deployment Process & Tools has a visual designer for MSBuild Files. The Tools are writtien by Andy Reeves, from Microsoft UK's Solution Development Centre and were the basis for the extensions included with MSBuild. The download page also has more about why MSBuild was chosen over NAnt. John Lam has also posted about the NAnt community's reaction to MSBuild.
The new engagement involves 4 hours train travel each day, so I'm going to have to kurb my blogging to get to bed.