Couple of weeks ago, the VS ALM Rangers team has released a the Visual Studio TFS Branching Guide for 2010.
This guidance is created by the Rangers who have the mission to provide out of band solutions for missing features or guidance. This content was created with support from Microsoft Product Group, Microsoft Most Valued Professionals (MVPs) and technical specialists from technology communities around the globe, giving you a real-world view from the field, where the technology has been tested and used.
Branching and merging of software is a very large topic. It is an area where there is a lot of maturity in the software industry. This Ranger solution focuses on applied and practical examples of branching that you can use right now. The 2010 release includes discussions around branching concepts and strategies but also focuses on practical hands-on labs.
Supported by 20K+ of downloads, I Advise everyone to download it, to read it, and to apply it.