eWeek has some news on Visual Studio 2005 Beta 1. As they note, only the Team Architect ("Whitehorse") portion of Visual Studio Team System is in Beta 1. But don't fret. You'll see more of Team System in future releases.
At its TechEd Europe conference in Amsterdam next week, Microsoft Corp. will announce the first official beta release of Visual Studio 2005, which will include the Team Architect version of the Visual Studio Team System technology Microsoft announced last month at its TechEd conference in San Diego.
Sources close to the company said the beta software should be available for download by the end of next week. More and more of the Visual Studio Team System will find its way into Visual Studio 2005 in future releases, sources said.