No version of SBS in the latest Server family range.  I guess with the push on Office365 this should have been obvious a while ago, but where does this leave small businesses who want to host an on premise email solution?

If the customer has Software Assurance they will be granted 1 x Server 2012 Standard licence and 1 x Exchange 2010 Standard licence.

So is this Microsoft dumping on the small customer? Perhaps, but also consider the IT landscape is changing.  Also of note is the inclusion of the ability to run 2 VMs included with the Standard edition.  There have been many times in the past when I have slated SBS, particularly when issues arise and you are dealing with products running against best practices, but I must admit the last revision SBS 2011 hasn’t been *too bad*.

Some more reading: http://www.aidanfinn.com/?p=13042