It's been a while since my last post but I had an opportunity to take a month of vacation when my child was born. Let me just say, it sure didn't feel like a month.
Yesterday I stumbled across some IDE source control configuration gem. While poking around in I ran across "Show deleted items in the Source Control Explorer" in Tools -> Options -> Source Control -> Visual Studio Team Foundation Server. I can't tell you how many times I have been through those options but apparently I just ignored that whole section since it has the proxy server inputs above it. Once checked you will be able to use the undelete features from within the IDE rather than tf.exe.aspx).