Yes, we have done it! SQL Server 2005 and Visual Studio 2005 are now released to manufacturing. What this means that we are done with both the products, you can even download the official bits if you have MSDN subscription. More information can be found at http://msdn.microsoft.com/subscriptions/ . The official launch of these products will happen on Nov. 7 2005 in San Francisco. You can find more information about the Launch at http://msdn.microsoft.com/Launch2005/
Looking forward to your feedback and comments.