Microsoft announced the first beta for the successor to Windows Home Server Code Named as “Vail” and it is now offered for public download. “Vail” is the version 2 release of Windows Home Server, based on Windows Server ® 2008 R2. This release is of a pre-beta public preview and it is not intended for use by everyone.
Vail is a 64-bit only release, which requires minimum 1GB of RAM , and 160GB HDD. The build number of this release is 7495 and it is in 3,899 MB size. Installation ISO is labeled GB1SHSxFRE_EN_DVD, there is also a Server Restore CD and a Client Restore CD.
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If you are interested in testing release, for more details visit the Microsoft Connect website and Vail Beta forums, also you can read the review on vail at MediaSmartServer.net.