Hmmmm...they've been saying Java and COBOL are on the out too...There are still Java and COBOL programmers ;P But seriously...it depends where you are and who you are working for. Some still have .NET just as other still have Java. MS products are still used around the world, so it won't go away any time soon. MS comes back every so often with rebranded product or comes out with something slightly new like Azure.. There is a move towards more "Cloud" / "Web" based (HTML5, Flash, Silverlight, JavaFX, etc) so with the Microsoft Azure push your skills won't be a lost cause.