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consider that the challenges of current day computing have little to
do with page swapping and address spaces. Cloud computing, parallel
processing, authentication and authorization across the network,
keeping hacker code off of the system, managed code and the run time
framework. Knowing little about the topic, I still suspect that the
active directory part of the OS is 100x more important than activation
groups.

for an example of a cutting edge requirement of an OS, check out
software transactional memory
http://en.wikipedia.org/wiki/Software_transactional_memory
http://msdn.microsoft.com/en-us/devlabs/ee334183.aspx
http://www.youtube.com/watch?v=FHUFHCPh8Ms
http://channel9.msdn.com/shows/Going+Deep/Programming-in-the-Age-of-Concurrency-Software-Transactional-Memory/

-Steve

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