Not all at all, Mongoose. There's only been three pro-grade DX lenses so far: the 17-55 f2.8 DX, the 10.5 DX Fisheye, and the 12-24mm DX. The 12-24 DX is covered and then some in the new 14-24mm f/2.8 (a stop faster, 14 degrees wider FOV), The 17-55 DX will still be used on all the D1 and D2 series cameras, and it's still the best lens available in the normal zoom range for the D300, D200, D100, D70, 80, 40, 50, 40x, etc. and the 10.5 fisheye is the fisheye for the entire DX line. The rest are all consumer lenses: 18-55, 18-135, 18-70, 18-200. And one of the features is the FX format sensor automatically reduces its image size when a DX lens is attached, allowing compatibility with DX lenses- thus maintaining Nikon's tradition of compatibility. Really it's quite neat. You can also engage DX crop manually for higher frame rates.

Both of Nikon's new wide/normal lenses announced today, all of their long telephotos, and the recent 105mm VR Micro, 70-300mm VR, and other recent lens releases have been for Full Frame as well. Now you can cover 14mm to 200mm at f/2.8 without overlap in 3 lenses, or 14 to 400mm at f/2.8 through 200mm and f/4 afterwards with just 4. (14-24 2.8, 24-70 2.8, 70-200 VR, 200-400 f/4 VR)