The Feature Specifications for Visual Studio and .NET Framework "Orcas" page has a document on it entitled Get Latest on Check Out. The reason I bring this up is that I had been asked during TechEd in Barcelona at the ATE booth (by a fellow ATE) whether the default behavior for Team Foundation Version Control (TFVC) - make the current version of the file in the workspace editable - can be changed to get latest first, then make editable.
The problem that prompted the question is that more often than not, a developer is likely to forget to do a Get Latest first and only then start editing. If forgotten, this can lead to unnecessary merge operations. The good news is that the feature will be available, the bad news is that it isn't today.