WebMatrix 3 Preview now available for download.

Download page: http://www.microsoft.com/web/webmatrix/next/

Key features include:

Your Companion for the Cloud

When you create local projects, you’ll be able to instantly get a companion website in Windows Azure without ever leaving WebMatrix. Using the Publish button, you can easily keep these sites in sync and save your changes to the cloud.

Remote Site Editing

Simply open your remote sites, make changes, and hit Save. The lightweight performance and full editing capability (including intellisense) make it feels like you are editing a local site!

Source Control with TFS

Team Foundation Service is Microsoft’s hot new source control service in the cloud. WebMatrix 3 makes it simple and fun to work with your code using TFS for any project in the cloud, or on site.

Source Control with Git

Plug into GitHub, CodePlex, and Team Foundation Service to start sharing your code with the world. Whether you’re a newcomer to git, or a seasoned pro, you’ll find all of the features you would expect in a powerful but easy to use tool.