Microsoft released an update of the Visual Studio 2012 RC ALM Virtual Machine. This is the fastest way to understand what is new for application lifecycle management in this release. This virtual machine is pre-configured with all of the necessary software and sample data for you.
It includes 18 hands-on-labs / demo scripts. 6 of these were upgraded from the Visual Studio 11 ALM virtual machine, 11 of these were upgraded from the older Visual Studio 2010 ALM virtual machine, and one is brand new, highlighting the PreEmptive Analytics integration in Team Foundation Server 2012.