The Oslo modeling platform was announced at Microsoft's PDC and we've been asked by a number of customers what the relationship is between DSL Tools and Oslo. So I thought it would be worth clearing the air on this. Keith Short from the Oslo team has just posted on this very same question. I haven’t much to add really, except to clarify a couple of things about DSL Tools and VSTS Team Architect.
As Keith pointed out, some commentators have suggested that DSL Tools is dead. This couldn’t be further from the truth. Keith himself points out that "both products have a lifecycle in front of them". In DSL Tools in Visual Studio 2010 I summarize the new features that we're shipping for DSL Tools in VS 2010, and we'll be providing more details in future posts. In short, the platform has expanded to support forms-based designers and interaction between models and designers. There's also the new suite of designers from Team Architect including a set of UML designers and technology specific DSLs coming in VS 2010. These have been built using DSL Tools. Cameron has blogged about this, and there are now some great videos describing the features, including some new technology for visualizing existing code and artifacts. See this entry from Steve for details.
The new features in DSL Tools support integration with the designers from team architect, for example with DSLs of your own, using the new modelbus, and we're exploring other ways in which you can enhance and customize those designers without having to taking the step of creating your own DSL. Our T4 text templating technology will also work with these designers for code generation and will allow access to models across the modelbus. You may also be interested in my post Long Time No Blog, UML and DSLs which talks more about the relationship between DSLs and UML.