What you can get is listed below and looks pretty good...

[copied from their website]

Windows Azure
Windows Azure is an open and flexible platform that enables you to quickly build, deploy and manage applications across a global network of Microsoft-managed datacenters. You can build applications using any language, tool or framework. And you can integrate your public cloud applications with your existing IT environment.

Visual Studio Professional
(3 Developers Licenses)
Microsoft Visual Studio is a powerful IDE that ensures quality code throughout the entire application lifecycle, from design to deployment.

Expression Studio (1 developer license)
Expression Web (up to 2 developer licenses)
Whether you are creating content for the Web, developing apps for the desktop or phone, encoding live or on demand video, the Expression tools provide the capabilities you need to deliver better results for your clients.

WebMatrix (2 developer licenses)
WebMatrix is a web development tool from Microsoft that includes everything you need for website development. Start from open source web applications, built-in web templates or just start writing code yourself.

Windows Web Server 2008 R2
(3 developer licenses and 4 production licenses*)
Windows Web Server 2008 R2 builds on the successes and strengths of its Windows Server predecessors while delivering valuable new functionality and powerful improvements to the base operating system.

*Hosting partners must have a Microsoft Service Provider License Agreement (SPLA) in place. See hosting section in the FAQ.

SQL Server 2008 Web Edition
Microsoft SQL Server 2008 Web Edition delivers an optimal balance of scalability, manageability, and cost for hosted Web sites and applications.

Technical Support
Support and training benefits: 2 professional support incidents & priority support in MSDN forums and other Microsoft online properties.