Just in, Visual Studio team plans to release a public release candidate for Visual Studio 2010 and .NET 4 in February 2010. The feedback collected for Visual Studio 2010 Beta 2 revealed that the performance and virtual memory usage of VS 2010 Beta 2 was not where people expected it to be. So the purpose of this RC will be to test and ensure that the reported performance and virtual memory usage issues have been resolved for all possible scenarios and machine configurations.

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Everyone’s (including me)  favorite Scott Gutherie, reports that the VS 2010 RC release slated for February will come with a go license which will permit production deployment.

We plan to make a Release Candidate build available in February that everyone will be able to download and test.  It will be a public build and include a broad “go live” license that supports production deployment. The goal behind the Release Candidate is to get broad feedback on the readiness of the product.

So what will happen to the release date of VS 2010 final version?  Gutherie said

In order to ensure that we are able to receive and react to this feedback, we will also be moving the launch of Visual Studio 2010 and .NET 4 back a few weeks.

Update 1: As promised, Visual Studio 2010 RC has gone live. For download link and more, read here.