With the release of Silverlight 4 beta, Microsoft has provided some excellent features which make silverlight more suitable for business applications.
Tim Heuer has a very good post on his blog about all these features.
http://timheuer.com/blog/archive/2009/11/18/whats-new-in-silverlight-4-complete-guide-new-features.aspx
As per my opinion the most impressive features are: enhanced capabilities of Out-Of-Browser applications which can access local machine assets and Multi-touch capabilities.
With Silverlight 4 Beta you can develop an application which can access local file system, access web cam and printer, run Office applications etc. More tooling support is available as well with Visual Studio 2010 Beta.
There are many more enhancements provided with Silverlight 4 Beta. You can get detailed information about all of them at http://silverlight.net/getstarted/silverlight-4-beta/
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