The Express editions of VS11 will only be able to create Metro apps. This is about as opposite as you can get from what most of us were hoping : that Express 11 would include VSTO. Rather than beef up the features of the free IDE they have kneecapped it in a rather desperate looking attempt to get devs to target Metro. Express 2010 will still be available for a while so its not the end of the world, but it doesnt look great for VSTO etc.
In fact Office dev is barely mentioned in all the bumf.
On a separate note I actually spoke to a pimp (agent) about a VSTO role this very week. I never heard back after I told him my rate! He did say most of the other applicants had only dabbled with it and there weren’t many of us with real world commercial experience. I guess the client went with one of those cheaper neewbs. I hope the deployment goes well for them ;-).
I have long since doubted Microsofts commitment to Office development (from around the time they disbanded the Office Developer Advisory Council ;-)). But everything I read seems to confirm that I made the right choice to de-emphasise it. Indeed I haven’t seen anything for a long time that would give me any doubts about my decision to de-emphasise Microsoft altogether.