That's correct - in V1 we hard-coded that registry path because we have to be able to load the checkin policies (among other things) even when we're running outside of VS (tf.exe, object model, etc.). We thought about "if in VS, ask it, otherwise, default" but that didn't make the V1 bar.
I agree it's unfortunate that we're not asking VS, though, and we'll try to address this in a future version.
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