The team has been doing some great work around Team Build and have made some significant changes to the way that it works. While watching the Channel 9 Video from Jim Lamb I grabbed some screen shots of the improvements. There are many more so I would recommend that you watch the video.
Here they are:
New Build Summary Screen
Activity Log View of Build Summary
Broken Builds View on Build Summary Screen
This one is really interesting, What you can do is double click on the error and if it is a compile error it will bring up the version of the file that was build and allow you to fix the error and check it back in again.