I use MOSS 2007 for bug tracking. It takes some customization to get it how you want it, but it is very flexible.
Loading User Information from Channel 9
Something went wrong getting user information from Channel 9
Loading User Information from MSDN
Something went wrong getting user information from MSDN
Loading Visual Studio Achievements
Something went wrong getting the Visual Studio Achievements
I use MOSS 2007 for bug tracking. It takes some customization to get it how you want it, but it is very flexible.