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For the curious fellows interested to know what the Redmond 800 pound gorilla views as a future and the role of XML in it, Check the video presentation you’ll find at the end of this link: http://www.fawcette.com/reports/vsliveor/2002/09_18_02/keynote/. Keep in mind that the API presented in this video is a client side API used to interface with data (structured and semi-structured).
Note: It doesn’t mean that I am supporting their view but since they play a very important role in the development community, it worth a lurk ☺
Didier PH Martin