April 13, 2011 Update: This issue was fixed in a refresh of the beta that is now available for download.
If you’re using the beta of the OData Service for Team Foundation Server 2010 you might be hitting the following issue when you try to run the setup.cmd file for setting up your local machine with all of the components.
Notice the error on the Windows Azure Tools for Microsoft Visual Studio 2010. The problem is that the Azure tools were actually updated within the last few days to be version 1.4, whereas the dependency checker is checking for either of the 1.3.x versions which were published within the last few months (which are no longer available for download).
This is a bug which we’ll address in the next release. Meanwhile, the workaround for this is easy. You can simply ignore this error message and download the latest version of the Windows Azure Tools for Microsoft Visual Studio 2010.
Keep in mind also that you only need these tools if you want to optionally deploy your own OData Service endpoint to point to your Team Foundation Server instance. If you intend to use CodePlex with this service then you can just take advantage of the OData Service endpoint we are hosting at https://codeplexodata.cloudapp.net/.
Thanks to Girish Pillai and Mathias Olausson for reporting this issue. If you have feedback on the beta please send it to TFSOData@Microsoft.com.