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A slashdot item points to a call for a "next generation development system:

"An interesting article written by a professor at the University of Toronto argues that next-generation programming systems will combine compilers, linkers, debuggers, and that other tools will be plugin frameworks mirror, rather than monolithic applications. Programmers will be able to extend the syntax of programming languages, and programs will be stored as XML documents so that programmers can represent and process data and meta-data uniformly. It's a very insightful and thought-provoking read. Is this going to be the next generation of extensible programming?"

That's funny. We have that already - it's called VisualWorks