We’ve just shipped the next Community Technology Preview (CTP) for VS and TFS Update 2. This release is still not a broad go-live release. Learning from our last Update (Update 1 – VS 2012.1), we are enabling go-live earlier. In this CTP, we have identified a small set of “early adopters” who we’ll hand hold through a go-live experience on this CTP. The next CTP we ship will be a broad go-live release.
The blog post in the above link has a list of features that are new in this update. Check it out.