Last week I saw a demo of Process MeNtOR by Object Consulting.  They have built a really nice process template for VSTS.  If process is something you care about, I'd highly recommend you look into it.  In several ways it's better than the process templates we ship in the box.  The thing that impressed me most about it is how flexible and dynamic it is.  You can pick which parts of the process you want to use and you can change your mind along the way and the system will reconfigure itsefl.  It's pretty cool

Check it out here: http://www.processmentor.com/

Brian