I haven’t used TFS so much. But I like it so far. It works smoothly, both TFS 2012 (on premises) and TFS Preview (online). I really appreciate that Microsoft has been inspired from git - the world’s best VCS :). For example .tfignore which works exactly like the .gitignore file. It is nice that the non-classic Microsoft dot notation convention for naming the hidden files is chosen.  So if you have any files to ignore just do it like you did in your git projects. Here is a .tfignore which I use in my SharePoint project for now. I suppose it will be extended soon: