Dec. CTP w/Team System - Success!
Wow, compared to the Beta 1 Refresh, this version is a breeze to install. That might be partly because I learned a lot about VPCs and Active Directory during the B1R install that may have helped me out on this one. I haven't poked around too much yet, but I've already noticed several name changes - test Categories are now "Test Lists", and our old friend the "Portfolio Explorer" is now "Team Explorer". Portfolio projects are now "Team Projects". I followed the directions for installing both the middle-tier and client-tier on the same VPC, and it worked pretty flawlessly. I had to manually start one of the TFS processes once because it timed out on boot. I suspect that was simply a VPC slowness problem.
You should see some frequent posts from me on VSTS over the coming weeks as I am creating some new VSTS training materials, and need to go through it in pretty good depth to write the labs and demos.