Direction for Scripting

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http://serverfault.com – I'm administering a network and they use a few scripts here. Mostly batch scripts or vbscript. It's a Windows environment, mostly Server 2008 with a few 2003 servers. My question is Should I learn both VBscript and Powershell or just Powershell? I'd like to learn how to automate some tasks and even do administration through cli but I'm not sure if Powershell is something that can replace VBscript for most administration tasks. (HowTos)