Whats New in Share Point Server 3.0?

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Security - What you see is what you've got access to. This makes it a bit easier on the admins, so they don't have to explain why a user clicks a resource, needs to enter a username and password, tries 3 times and fails and then will be shown an error page... If you don't have access to the resource it will not be shown in WSS 3.0. Whoopdie doo for us!

File-based Permissions

No deny permission, unfortunately.

Document Collaboration - This is a huge advantage with the 3.0 version (I'm not sure how it used to work with 2.0 or if it exists in that version, but in this version it rocks). It supports Major and Minor versioning which basically means that if you make a "minor" change to a document it will not be seen by the user. However, when you publish the document to a "Major" version it will become known and seen by the users. It supports Document Properties, something that can come in handy when searching. (I'll get to the search part soon). Workflows, the name says it all doesn't it. Templates (Word 2007), Policies...

Search Indexer that also indexes the Document Properties (as mentioned above). The search functionality is no longer based on the SQL Server but it's own index generated by the database. WSS 3.0 has a searchbox

WIKI. You probably know what a wiki is already and most of you probably have slightly different opinions as to what a wiki is excactly. My opinion is that it's a public "document library" (find me a better term..) that anyone can edit and add information to. You can link from one thing in the WSS 3.0 wiki to another by using real wiki-commands such as [[Tobias Zimmergren]] and it will create a link. If the link doesn't exist, it will be a link with dashed bottom-border. When you click the link it will ask you to put some info in about the link. And that's basically how it works. All you should really need to know, is that there's support for a nice wiki.

Blog. It supports your own blog. A blog is a Web-log and I bet you all know what that means. (I'm writing a blog entry right now)

For More details fine the below links.

http://office.microsoft.com/en-us/sharepointtechnology/HA100738471033.aspx

http://www.sharepointblogs.com/zimmer/archive/2006/10/06/what-s-new-in-wss-3-0-and-sharepoint-server-2007.aspx