Update Jan 7, 2005: Generics will be CLS Compliant!
I've recently received a couple of questions on how generics will be supported across languages so I thought I would point out Julie Lerman's blog entry on the subject of C#, VB, and J# support for generics. C++ will have both templates that are available today and generics. You can find out more information about the differences between C++ templates and generics at the C# FAQ blog and on Brandon Bray's post on the subject.
Other things to note: Generics are not CLS compliant in the .NET Framework 2.0, but will be for Longhorn.