As I have been a fan of the new DB Mirroring feature in SQL Server 2005, I like to peruse the newsgroups to see what others think. This single feature will really make High Availability a reality for almost any organization. It has not yet been decided which version it will end up in, but the big news is really pointing to wards the future release. There is a desire to have mirroring to multiple servers. Although this is not possible now, it looks like it may be considered in a future release.
If you want your transactions to occur on more than one backup server, Log Shipping is still the answer. A combination of Log Shipping and DB Mirroring is possible to get this done in the mean time.