Now, having had a chance to read up on this a bit, it sounds great for individual developers, frankly.
I've been using Ultimate for no other reason than I can thanks to BizSpark, and that I wanted to use something more complete than Express which is all that I had used previously (to build installers, test obfuscation, etc.).
Community, not only provides a bit more via IDE, but also supports mobile platforms natively, allows extensions, and provides basic obfuscation... Not sure what else an individual developer really needs... Can't wait to see why they're
really giving away the farm in the coming weeks, months.