We just shipped a new release-based capacity view in the capacity report. You can now switch the display setting from calendar view to release view to see capacity by release. Thanks for the idea! We're excited to make planning by release much easier.

Adding this feature would add great value to the capacity report - it would allow users to make the report work for not vice versa
We also plan our capacity by Release and seeing the capacity report by cycle would add incredible value and help with our planning efforts. Thanks!
This is needed a great and must have feature...