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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I just heard about a new Codeplex project for bulk changes to work items. Excel is a good solution for many bulk changes but we really don't have a great solution for rapidly changing a lot of work item links. This looks like it might be a useful tool in that regard. I haven't had a chance to try it yet but you might want to check it out.