Will WPF/E replace CF?

I read this interesting article discussing the new Microsoft initiative based on Windows Presentation Foundation called Windows Presentation Foundation Everywhere (WPF/E). The author gives some early bits about the initiative:

• Will provide subset of the XAML and CLR functionality
• Supported on platforms other than Windows
• Available as a internet browser plugin
• No need to have .NET installed
• Download size under 2 MB
• Available in the first half of 2007

See the full article here