Web Development License:

I am developing an ASP.NET 2.0 application. Will I be able to develop and test my application locally, and then place on one hosting server if I buy Web Server Standard or Web Server Professional license?

Yes, you will be able to develop your application localy. If you will buy Web Server Standard or Web Server Professional license we will send you 2 license files. One for the host where your application will be executed upon completion (host with not private IP address) and second for the local web development (this file will be bound to the single PC and can't be used somewhere else).