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Seems like it has lots of potential.

The product/download site should be at http://code.visualstudio.com when it goes live later today (it's currently showing a login page).

Download works from here.

The download worked for me, but the zip archive was corrupted, so I didn't even get a chance to try it out on linux (ubuntu 12.04)

Mine was corrupted but I fixed it with the following command: "zip -FF VSCode-linux-x64 --out vscode2". I'm on ubuntu 14.04.

Yup can confirm, doesn't seem to work on Ubuntu

works for me on Ubuntu 12.04 LTS

Works for me too .. but there's no top-level directory in the .zip file, make an empty directory before unzipping!

Just an update - that URL is live now. I just downloaded Code for Linux.