So the second part in this series of What's New in MTM 2012 is Test Planning improvements.
Add test plan
There is a new dialog that allows you to enter in the test Plan name, Area path and Iteration.
Test Plan Results
This is a great new feature that displays Test Plan results at the speed of light - ok maybe it's more like real time.
Filter the Test Plan Results by Test Suites.
This is a good way to see how your End-to-end tests are going or other test suites.
Filter the Test Plan Results by Test Configurations.
This is a good way to see how what test results are like for a particular browser and OS.
Filter the Test Result Details by Tester
This is a good way to see what an individual tester's detailed test results are like.
Filter the Test Result Details by Test Suite
This is a good way to see the detailed results of individual test suites.
Whew that was a lot of work, I'm all filtered out.
Application Lifecycle Management Consultant