Microsoft announced the IIS Search Engine Optimization (SEO) Toolkit Beta – a brand new free toolkit that helps Web developers, hosting providers, and server administrators improve their sites’ relevance in search results by recommending how to make them more search engine-friendly. The SEO Toolkit Beta is available for installation via the Microsoft Web Platform Installer 2.0 Beta at  http://www.microsoft.com/web/downloads/platform.aspx

Let’s try it out and see whether it will work with SharePoint. By the way Scott Guthrie has post of details of the toolkit here.