I have been using Vagrant for a while now. Overall I am very satisfied with the simplicity of it and the way it can standardize environments when it comes to collaborating with others. In my bigger projects I usually setup a Vagrantfile.example with all the default settings that I commit to the git repository and then I add an exception for the Vagrantfile itself to allow for personal customization if that would be needed.

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Tags: Vagrant, NFS Shared Folders, Virtualization, Performance, Ruby