Is it possible to use Microsoft's Release Management product (formerly InCycle's InRelease) with Visual Studio Team Services. (Not Team Foundation Server)
I know it's possible to configure an on-premises Team Foundation Build server and point that at Visual Studio Team Services, but I havent' been able to find anything about Release Management.
This is not supported as of now. RM Update 2 will bring the potential to automate the creation of a release while running a Team Services build when the build agent is running on prem (but no real integration between RM and Team Services).
Complete support for Team Services is coming later this year.