In the two years since Insight's last examination of the topic, grid computing has moved out of the laboratory and into mainstream commercial applications. No longer the exclusive tool of researchers seeking to harness enough compute power for massive computational challenges such as weather modeling or weapons test simulations, today grids are being deployed in more traditional commercial computing applications. For example, commercial computing stalwarts IBM, Intel, Hewlett-Packard (HP) and Sun recently announced they were forming the Globus Consortium to drive the technology into the mainstream for applications such as financial analysis, oil exploration and pharmaceutical testing. And within the technical community, new standards being developed called the Web Services Resource Framework (WSRF) will foster convergence of the Web service and grid computing communities, which in the years ahead is likely to have a major impact on quality and diversity of Web services.