Tim, I felt the same way. I was really wanting to learn something new. I went to DevDays in both Phoenix and Minnesota so I could go to both tracks. I really felt it was lacking in solid "developer" content. The best part of it all was the closing KeyNote where we could see demos of the new Whidbey stuff in action (although that one really bombed in PHX - too bad cause it was some good stuff)

All in all, it was OK, but like you said, there wasn't a lot of new content for most people there. I feel like MS still feels the need to hand-hold those who are new to .NET so they lower things down to an uber-simple level - like speding time covering how to make a connection to the database and retrieve & update data, or how to use forms authentication etc. We're a few years into this now, I don't think MS should have to include that kind of content. For those who are new to .NET there are plenty of places where that stuff can be learned.