It depends. Managed C++ does a pretty good job of lifting C++ code and compiling it into managed code. However, in the big scheme of things, I don't think you'll really be getting much of an advantage to your development by doing that. If the code is a COM component, you'd be much better off leaving it as a COM component and calling it through .NET's InterOp. Interestingly, many people are finding that the massively improved C++ compiler Microsoft has released is adding quite a bit of life to their existing code.
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