Everything you want to know about Visual Studio ALM and Farming
Brian Harry is a Microsoft Technical Fellow working as the Product Unit Manager for Team Foundation Server. Learn more about Brian.
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TFS Beta 2 is just around the corner and it's going to be the first pre-release with a "go-live" license. This means that we'll support customers putting it into production and we'll ensure upgrades from Beta 2 to RTM work so you don't lose any data.
Brian Keller wrote a great post about preparing for putting TFS into production: http://blogs.msdn.com/briankel/archive/2009/10/02/get-ready-to-go-live-with-team-foundation-server-2010-beta-2.aspx
We've been using TFS 2010 in production in DevDev since July and a few Microsoft IT teams since the Beta 1 timeframe. We've also had a few TAP customers live for a while now. It's been holding up very well and I expect people to have a pretty good experience with the Beta 2 builds.