ASP.NET and Web Tools 2012.2 (Release Candidate)
I've talked before in presentations that the ASP.NET and Web Tools team has been slowly externalizing pieces of ASP.NET. You've seen it in many pieces of the ASP.NET runtime moving into NuGet while also being open sourced , and you've seen it as we've moved big chunks of the "tooling" (that means the menus and dialogs you interact with in ASP.NET) into external installers. Why are we doing this? Because the Web moves faster than Visual Studio does. We want to be able to offer a stable ASP.NET core that you can count on while being able to offer new and powerful features more often as needed. Visual Studio itself has moved to a faster update model and recently released Visual Studio 2012.1 (that's Visual Studio 2012
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Read the complete post at http://www.hanselman.com/blog/ASPNETAndWebTools20122ReleaseCandidate.aspx