From the way I read their FAQ, you have 1 year to download them at no cost. After that year, you will not have to pay a license fee, so they stay free.
You can read all about it here.
Here is a quote from their page about these "Express Editions".
Lightweight, easy-to-use, and easy-to-learn tools for the hobbyist, novice, and student developer.
You can get Express Editions for:
Visual Basic 2005If you are interested in programming and want to upgrade your software library, now is the time.
Visual C# 2005
Visual C++ 2005
Visual J++ 2005
SQL Server 2005
Visual Web Developer 2005
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