The C++ Runtime Library doesn't support XP, so C++ programs compiled with Visual Studio 2012 can't run on Windows XP. (It is possible to work around this by statically linking and overriding some CRT functions, as detailed here: http://tedwvc.wordpress.com/)
You can keep using the Visual Studio 2010 C++ compiler (and target XP), but then you can't use any of the new C++11 features supported in VS2012.
I find it strange that they've moved to all-caps for menu titles (FILE, EDIT, VIEW...), especially considering Microsoft's recent uses of good typography.
All-caps is a tradeoff where you take away the identifiable shape of a word to make it draw more attention. You could argue that menu titles would be the absolute worst place to use all-caps.
The ALL CAPS MENU TITLES are supposedly "more Metro-like", even though many Metro screenshots are all-lowercase and the Metro motto is "content before chrome."
I'm surprised Microsoft hasn't made their menu titles disappear until you move the mouse near them (like Mac OS X's X-+ window buttons). That sounds like the "hide the UI so it looks good but is less usable" style Microsoft likes.
There's an extension[1] that does this. I'm now tempted to install it, at least until I find a way to back out the SCREAMING new menus. With that said, I've been using the beta for a couple months and it seems both snappier and more stable than 2010.
I installed the beta, which had all-caps in some of the headers. Initially I was annoyed that Microsoft has to spend so much time on changing the look of every edition of visual studio, but when I ran it, I actually liked the grey colour and the ALL CAPS.
Yes, FILE is less identifiable than file. All the letters are the same height and have similar shapes with all-caps, whereas lowercase letters have more variety and your brain can recognise the shape of words rather than looking at every single letter.
The Wikipedia page for word recognition has some useful links:
Looks like this is shaping up to be the "Maddox Visual Studio, the best Visual Studio on the internet". Capital letters, black backgrounds, now we just need insulting error messages full of manliness.
The best explanation I can come up with is that there's a ton of pressure for Metro this and Metro that. Partners at Microsoft must be upset Apple's market cap is twice Microsoft's, and well, they're gonna fix that no matter what.
ALL CAPS is a highly visible thing they can backpedal on; it's supposed to be sacrificed. Then they can say "See, 95% of the comments were about the menus, and we changed it, so now we're all good!" Deflects from more serious criticism, as this comment demonstrates.
Nice. Now to figure out how to restore the ordinary window chrome, as the "active" and "inactive" states of the new title bar are identical. Try as I may, I can think of no conceivable rationale for this. Metro notwithstanding, this makes about as much sense as replacing project "files" with "friends"...
Although in VS2010 as far as I know you can't change the colors of the explorer menus and such, but it appears in those new screenshots that you can in VS2012.