Spent a bit of time on the weekend and managed to get the Beta 3 of Team System up and running thanks to the dvd's I got from Joe Sango a the first Melbourne VSTS user group meeting.
I started from absolute scratch even installing a fresh copy of win 2003 as I "misplaced" my base image. I haven't installed VSTS since the before the beta 2 and was expecting a few problems along the way, but I was pleasantly surprised. The whole thing went absolutely smoothly and I now have it up and running in a single machine install.
Only had a quick look but already it looks really good, I particularity like how nicely integrated the process guidance is now.
My next goal is to have a look at how it integrates with Project server using the new connector that recently went up on got dot net.