Well, Windows 8 might suck much. But, at least Visual Studio 11 seems to have a few good things going for it! The new previewing feature in the IDE, the Async features in VB and C#, the integrated Code Analysis window, multi-browser support for ASP.NET, etc. (And, of course, the obligatory improved support for HTML 5.)
If you care about C++, you will be happy to know that the development features in VC++ have been upgraded to be on par with those of C# and VB, and that it has better support for C++11 standards.
But, one little thing bugs me: The tool panels ("Solution Explorer", "Toolbox", etc.) all have titles in capital letters, for some reason. It feels like the application is constantly SHOUTING at me! Granted, it's a minor GUI issue. But, it seems kinda stupid that someone, somewhere, thought it would be a good idea to push this less-readable stuff onto us developers. Don't you think?!
The attached images demonstrate this:
The first one is from Windows 7 running Visual Studio 2010 Premium Edition. Note that its tool panels are Title Cased, and the icons are colorful, although the contrast in the title bar could use some improvement. And, not everyone liked the purple (though I didn't mind it).
The second one is from Windows 8 Consumer Preview running the current Visual Studio 11 Beta Premium Edition. Note how its panels are ALL IN CAPS, with rather annoying dotted handles. Makes it much more difficult to read. Plus, the icons are drabbier, and missing from the panel tabs. The only visual improvement is the higher contrast in the title bar. And, for some people, the lack of purple might help.