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This is pretty amazing. I'd love to have lots of tiny private repos for small projects.
bitbucket is free for tiny private repos...
Specifically, 2GB. So not for huge repos, but great for personal projects.
GitLab CEO here, GitLab.com has free unlimited private repos up to 10GB with unlimited collaborators.
Wow, I feel like the new Microsoft has been on a roll lately.
Have they added support for Git over SSH yet? That's something I felt was sorely lacking in VS Ultimate last time I used it.
good god

Cue the whinging in 2 years when people discover free means someone is paying, just not you, whereas you will be paying with something, just not cash. Apparently we never ever learn.

I doubt that will happen here. By doing this, Microsoft is really pushing their tools and hence pushing developers to start thinking about Windows as a platform to develop for first. Not just, Apple and Android.
Yes, microsoft has a (frankly delusional) goal here. And if they don't meet that goal, or corporate priorities change, or the executive cheerleader for this idea moves onward and upward, free offers may materially change. As counterexamples, consider sourceforge, or any of the entrants in our incredible journey http://ourincrediblejourney.tumblr.com
Excellent points - you changed my thinking =)
We are indeed paying - with our upvotes and social media shares. There are few things more valuable to Microsoft than ensuring that they capture the mindshare of the modern developer, since that developer is increasingly able to advocate for whatever software/hardware/cloud they want their business to be run on. And when the cost of that is a few extra hard drives otherwise underutilized in their massive multi-billion-dollar Azure datacenters, it's a no-brainer. There's no need for them to have a hidden motive beyond this.
was kinda rooting for gitlab. this will be interesting
Thanks for rooting for us. We're not worried. We make our money with on-premises installations of GitLab Enterprise Edition. And the Microsoft tools have a hard time with a good user interface for pull/merge requests and forks.
git, ci, scrum tools & load testing for $20/month... that's superb.
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who in their right mind would trust Microsoft with THEIR code? I for one have serious concerns about storing my IP on anything MS.
I think they mean this instead "Hey doodz, give us your source code and we'll steal^wproductise^whost it for you!".
Is it "free", or "free if you subscribe to a $20/mo basic VS online account"?
It's free free. You don't even have to worry about paying for storage. The first five Visual Studio Online basic users in an account are free. You can then add unlimited stakeholders for free, unlimited MSDN subscribers for free, or add-on monthly users with a contract-free license.

-Ed Blankenship from the VSO team

Great product, besides the great overall offering it's a nice alternative to bitbucket when you need free private repos.