Hi Venkata,
if WmVCS is really deprecated from now on, the dependent Packages like i.e. WmSubversion should be deprceated too.
I would prefer the Local Service Development variant as the WmVCS feature is not compatible with the way how our SVN is being hosted.
Unfortunately the Local Service Development feature could not yet be configured for our Designer 9.5 SP1.
Lets see what will happen upon our next migration.
Regards,
Holger