MagenticLite (Magentic-UI 2.0) is a full-stack, open-source agentic application from Microsoft AI Frontiers that pairs an orchestrator agent (MagenticBrain / OmniAgent) with a browser-use sub-agent (Fara) to automate web research, form filling, file management, and code execution in real time. The architecture comprises a Python/FastAPI backend with WebSocket-based streaming, a React/TypeScript frontend (Vite, Tailwind, Zustand, TanStack Query), and a Quicksand VM sandbox for isolated browser and code execution. The system is designed for local-first, single-user operation with a CLI entry point (`magentic-ui`) and optional Docker-based deployment. The application emphasizes human-in-the-loop control: approval policies for bash and file commands, pause/resume, mid-run user interjection, browser takeover mode, and folder-mount consent dialogs. It supports two agent roles (orchestrator and web surfer) with configurable endpoint providers and max-round caps. The frontend offers session management, chat view with rich message rendering (CUA browser actions, code execution, file preview, reasoning traces), and a real-time browser viewer via VNC. The codebase demonstrates strong engineering practices: a sandbox abstraction with host/guest path translation, secure token-based authentication, host-header allowlisting, path traversal validation, and a modular tool registry. It includes extensive unit and integration tests covering agent state persistence, compaction, command classification, and sandbox lifecycle. Despite being labeled a research prototype (v0.2.2, alpha), the repository shows active maintenance, clean architecture, and several reusable patterns that could be extracted into independent projects.