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making the move to 2005

We are a small development team that currently maintains projects in VB6 and writes and maintains projects in .Net 2003.  We are contemplating the move to .Net 2005.  What issues will we face with existing 2003 projects completed and in development?  What's the downside, if any?  What version (Pro or Team or another) is best.

Thank you.
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Shakti109

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can you continue your .Net2003 projects in the 2005 ide and continue to run them on the 1.1 framework, or do you need to "port" them and use the 2.0 framework.  can they exists side-by-side like 2003 does with VB6?

The IDEs will exist side-by-side, as will the Frameworks. However, if you're developing in 2005, they compile against the 2.0 Framework (so you can't develop an application in VS2005 that uses 1.1)