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I've just been coming to the same conclusion myself. I have the new Office, OS's and VS (and Expression, etc). I don't really see any reason to do anything besides maintaining partner status; I won't be spending any more money on it until I see some new justification.
None that make any sense to a sane person... MSDN is one of the worst values in the development industry. It simply costs too much for what you don't get.
.45 ACP - because shooting twice is just silly ----- "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass..." - Dale Earnhardt, 1997 ----- "The staggering layers of obscenity in your statement make it a work of art on so many levels." - J. Jystad, 2001
Don't you get access to all the old software too? That is, Visual Studio 2005, 2008, 2010 and older versions too? That seems pretty useful (such as when you unfortunately come across some VB6 code you need to work with), though I don't know why one would pay a subscription fee for more than one year when all that could be downloaded and installed right away. Not to mention you get every edition of the software (Ultimate, Pro, Standard, etc.), which could be useful for writing articles targeted toward a certain demographic (e.g., users who are learning and can only afford the lower editions). And having every OS is useful for testing too, I'm sure.
I'm not sure if the program is still available but when I needed to renew my universal in May I was able to purchase Premium and get a free upgrade to Ultimate. I got the same package at half the cost.