How to delete a team project from Team Foundation Service (tfs.visualstudio.com)

Buck HodgesSeptember 19, 2011Sep 19, 201109/19/11

[UPDATE 9/13/13] You can now use the web UI to delete a team project.
[UPDATE 5/14/13] Updated the URLs and version of VS (used to say preview)
The question came up as to how to delete a team project in the Team Foundation Service (TFService).