So since the launch was today you've probably started the process of installing Visual Studio 2005 by now. Hopefully you are also looking at leverageing Team Foundation Server (TFS). In case you weren't aware the Beta 3 Refresh for TFS is also available. This is the version of TFS which is compatible with the released version of VS2005.
Here at InterKnowlogy Lacie stood up TFS Beta 3 Refresh today and so we immediately tried to connect from VS2005 to our new TFS server. That's when we realized we couldn't find the TFS Client in Visual Studio. I had installed VS 2005 Team Suite so in theory I had everything but still we couldn't find Team Explorer.
In looking to the help, of course there was no indication of what the heck to do if you couldn't open the Team Explorer - no note saying - Hey Make sure you've also installed the TFS Client after your VS 2005 install!
With the release of VS2005 the TFS Client is no longer automatically installed, even if you install the full Team Suite. Instead you need to separately install the client from the TFS CD on the client. It took us a few minutes to realize this solution, so if you are standing up TFS be aware that each developer will need to have the TFS client installed. While this makes it easier to separate the TFS Client Access Licenses from Visual Studio, it still would have been nice to know about the installation requirement. BTW, this also makes it quite apparent that you don't need VS 2005 Team Suite in order to use TFS, just install the TFS on whichever version of Visual Studio 2005 you are using and you'll get the Team Explorer functionality (or even install it without VS 2005 for those non-developers on your project.)