At the end of October 2012, Microsoft announced the Team Foundation Service, not to be confused by Team Foundation Server (TFS).
This is essentially TFS online or TFS in the Cloud. You can create a unique URL for yourself and have 1 project up to 5 users for free. Any more of either and you have to pay extra for it. This will be a stable offering in 2013.

I have been looking for a source-control solution for some time now, and the only options were GitHub (paid for a private project, free for open-source) and BitBucket.atlassian.com (free, but you need a Git project). I do not want to manage a server, so Subversion or TFS was not an option.
In fact, BitBucket seems to be the only free option.

So, TF service was a welcome thing.
Note: The URL for it is: http://tfs.visualstudio.com and the old URL for tfspreview would be carried forward to this new one. The old URL will be deprecated. So, if you created your projects there, you will get them at the new URL.

Let’s say you want to delete a project you made. This is a no-no, as stated by the TFS team and they say a collection cannot be deleted. With a workaround, a Team Project can be deleted. This is not possible from the GUI (keep looking), but a simple command line command should do the trick.
To do this, go to the Visual Studio command prompt and let’s say you have a project called “foo” you want to delete. Type the command:
tfsdeleteproject /collection:https://foobar.visualstudio.com/defaultcollection foo

tfs capture

This deletes the foo project from the default collection. This is a complete hack and is insecure because no credentials need to be supplied. This also means that someone else could potentially delete your project, so be weary of this for now, and maintain a separate backup locally in case this happens and always think it could. I would expect this hole to be plugged in the near future, so don’t count on it to be there when you try..

http://blogs.msdn.com/b/bharry/archive/2011/09/19/deleting-a-team-project-from-the-team-foundation-service-on-windows-azure.aspx has this info.

It’s been a while since I wrote about TFS although a post I made about it 5 years ago is still the most popular post on my blog (weird!), and I’d like to give a plug for a plug-in for TFS called Urban Turtle, that provides SCRUM tools for Agile development. 
The name seems like a play on Tortoise, which provides integration for SVN (a source-control system), and I have this vision of a turtle walking in a city with shades on and a boom-box on it’s shoulder.

The Urban Turtle website is at http://urbanturtle.com/, and it has all the info and videos for you to get started.
Brian Harry of the TFS team has a good post about it here: http://blogs.msdn.com/b/bharry/archive/2011/01/05/urban-turtle-for-scrum-and-tfs.aspx

I am still exploring it, but it seems to have all the features you’d require in a SCRUM tool.

The SCRUM features are available in the Project Portal (website on SharePoint), for easy web-access to all team-members (including clients)

Creating Sprints, for example.

image

image

At work, we use TFS for source control and JIRA for SCRUM, but I don’t like the Printing possibilities of our JIRA setup, and assigning a Task to someone is not easy (because of a clunky interface with the name list).

Let’s see how things are in Urban Turtle land, and I’ll report back if I end up trying it.

Many people are having problems installing Team Foundation Server 2008 with an (existing) installation of SQL Server 2008.
The problem is that the TFS RTM 2008 does not support SQL Server 2008;
SP1 provides that support and you can get it from MSDN downloads, but SP1 only works over an existing TFS installation. So, this is a problem.

The workaround is to merge the setups to make SP1 an installable, with the steps below:
1. Copy the AT folder from the TFS install disk to your hard-drive, say C:\TFS_AT as the .
2. Extract SP1 to your hard-drive, the
Run the command from the SP1 folder: TFS90sp1-KB949786.exe /extract:C:\TFS_SP1
3. Combine installable and SP1
Run: msiexec /a \vs_setup.msi /p \ TFS90sp1-KB949786.msp TARGETDIR=
4. Run setup.exe from the

Source blog: http://blogs.msdn.com/aabdou/archive/2008/05/13/team-foundation-server-sp1-beta-now-available.aspx

To read more about the features added in SP1, check:
http://blogs.msdn.com/bharry/archive/2008/04/28/team-foundation-server-2008-sp1.aspx