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Inform your future employer and you want to stay in good favor with your current temp agency, just in case you do not survive the 90-day probationary period and are again laid off and have to seek further employment through your agency. So, if they still want your services, have them pay the commission duly owed to the agency as a finder's fee.

Good luck!

I would always recommend a real job over an internship. Interns in any position spend the first month or two making coffee, filing, copying, faxing, shredding, and collating the work of others. A real job always looks better on a resume, especially when the salary listed is high enough to indicate that you did work that involved more than shuffling paperwork. Furthermore, since Microsoft is close to home, you won't waste time in commuting that will severely limit your DJ opportunities. You will also spend less on gas, a seroius consideration when gas is $4 a gallon. Nothing looks great on a resume unless it's relevant. Depending upon what kind of job you apply for after college, some hiring managers will think Microsoft is much more impressive than Siemans, and vice versa. You may want to do a little research on biomedical, though, just because it sounds like you're not that familiar with what it is. It would be a shame to pass up that opportunity and then later learn that the field fascinates you. Find someone in the field and shadow them for a day.