SQL Server Last ID Identity

Assuming a simple table:

CREATE TABLE dbo.foo(ID INT IDENTITY(1,1), name SYSNAME);

We can capture IDENTITY values in a table variable for further consumption.

DECLARE @IDs TABLE(ID INT);

-- minor change to INSERT statement; add an OUTPUT clause:
INSERT dbo.foo(name) 
  OUTPUT inserted.ID INTO @IDs(ID)
SELECT N'Fred'
UNION ALL
SELECT N'Bob';

SELECT ID FROM @IDs;

The nice thing about this method is (a) it handles multi-row inserts (SCOPE_IDENTITY() only returns the last value) and (b) it avoids this parallelism bug, which can lead to wrong results, but so far is only fixed in SQL Server 2008 R2 SP1 CU5.