With the upcoming release of Team Foundation Server (TFS 2012), Microsoft proposes us a great preview of the ALM Platform by offering a try on the TFS Cloud solution : Team Foundation Service.
Using your live account, you can quickly integrate your team in a project, define your process template and use most of the TFS modules. The integration with Visual Studio Team Explorer is similar to a classic connection and the web access has been improved in performance and design.
A pleasant TFS evolution and an interesting service solution for small enterprise.
Have a look @ :http://tfspreview.com/