Does support exist for VS 2011 or does anyone know of an ETA if not (or a workaround for getting it installed as VS 2010 maybe?)

Our RTC development team has been tracking the VS11 beta release and is in the process of investigating the changes and new .NET framework that comes with VS11. Our internal goal is to ship support for new Visual Studio IDE releases in 90 days or less after Microsoft releases the final GA bits for VS11. So we are on top of this and working it. The exact version of RTC which will pick it up is still TBD and will depend on the scope of change required and other factors like back revision compatibility of both RTC clients and VS IDE clients.

-Rolf Nelson
RTC Product Manager