Reading the following article, the web is dead

http://www.ftponline.com/vsm/2007_08/magazine/departments/guestop/

I was interested to know if any of you used Silverlight and what do you think about it. is it as important the author claims?
"Silverlight 1.1 is in an alpha state right now, but I believe it represents the future of the Web. The Web isn't dead, but it is about to undergo the biggest transformation in the past decade."

Mo