How to handle paths with TFS Version Control object model

After I have been developing with TFS Version Control object model for quite a while, I have come across very helpful class. I wish I did that couple of months before, as it would have saved me quite a bit of time in writing them string parsing functions.
I am talking about VersionControlPath class. This is a static class located in Microsoft.TeamFoundation.VersionControl.Common assembly, and it contains ton of routines you might need when working with version control items.

To give you a small sampling:

// Returns folder name from item path ("$/Project/Folder" from "$/Project/Folder/File.txt")

public static string GetFolderName(string item)

// Returns project name from item path ("Project" from "$/Project/Folder/File.txt")

public static string GetTeamProjectName(string item)

// Check whether specified path conforms to Windows or TFS path syntax (basically contains / or \ delimiter)

public static bool IsServerItem(string path)

// Prepends path with root $ char if required

public static string PrependRootIfNeeded(string folder)

// Parses item path and returns folder and file item paths

public static void Parse(string item, out string parent, out string name)

There is a dearth of other methods in VersionControlPath. Most of them are self-explanatory named, but may be a bit tricky to work with. For example, IsValidPath method will return true both for "$/Project/Folder" and "/Project/Folder" paths.

I wish I could direct you to MSDN, but documentation there is pretty thin (to be diplomatic about it).

If you find any interesting gotchas in that class, I would be delighted to know. Drop me a line.