With 2.0, the TextBox control’s ReadOnly property’s behavior has changed slightly. From the technical docs:
The Text value of a TextBox control with the ReadOnly property set to true is sent to the server when a postback occurs, but the server does no processing for a read-only text box. This prevents a malicious user from changing a Text value that is read-only. The value of the Text property is preserved in the view state between postbacks unless modified by server-side code.