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As you know WPF has difference context and concept that other software architect like web and winform
First of all is XAML. XAML is friendly powerfull and quick markup language that based on xml, Binding Future and vector dimentions in element are two important future in XAML
Did you mean WPF dead ? No it's still active and supported. If you want to build nicellooking application then use WinRT but remember it will run only on Windows 8 and 8.0+.
If you see next ten years. There is very huge development is going to happen in every phase. People who have used MFC and C++ are migrating to C# WPF. There is fruitful future ahead.
