Carl and Richard talk to Brian Randell about the latest on Visual Studio Online (VSO). As Brian explains, this isn't about putting Visual Studio itself into the cloud, but rather surrounding your copy of Visual Studio with services in the cloud that make development easier. The conversation goes down the list, starting with source control in general and TFS specifically. One huge advantage of VSO - you don't have to deploy TFS yourself! Beyond source control and task management there are deployment tools and testing, all of which can be run in the cloud, where you're only billed for what you use. This is modern development at it's finest!