Nothing but .Net? Nyet!
http://www.geoff-hart.com/resources/2001/nyet.htm

Hart, Geoffrey J.S.
TECHWR-L
2001

Abstract:

Given Microsoft's track record, it would seem awfully foolish for me to bet against them and those who will follow their lead, and the idea does seem superficially reasonable. But despite this, I predict that the ASP aspects of .Net won't work nearly so well as Microsoft hopes and may even fail outright. The problem with Microsoft's ASP approach? The strategy is driven more strongly by economics and a fear of competition from smaller, more nimble ASPs than by customer needs and habits.