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You mean accelerate the push to native APP development, where anything nontrivial requires the development of the same program in 3 different platforms (iOS, Android, Windows/Metro).

Agree 100% (can anyone change the title?)

I was a little disappointed - the title had me all excited, like "Ooh, IE10 is going to be amazi ... oh wait."

Still, it does look really cool, I for one am excited. I'm not switching from Chrome, though.

I thought Windows Phone 7 didn't support Silverligth in the browser and that is was only intended for application (you know, App) development.

Please do correct me if this has changed and I am wrong.

You are correct. Web-based Silverlight application does not run on WP7. You can (rather easily in some cases) develop a WP7 app with the same codebase as a Silverlight app though.