I like the status email sent by TFS\'s alerts mechanism when a build breaks. However I would like to send such an email to the entire team and not rely on the team to subscribe
I don't want to dig up an old topic, but for those that stumble upon it two years late (like me), this is built into TFS 2010 now.
The Team Build Tray Notification tool what is included in the TFS 2008 Power Tools is very useful for this.
See Buck Hodges' blog for screenshots and more information.