VS 2015 Preview missing “ASP.NET 5 Web Application” project type?

Question

In Visual Studio 2015 Preview, I see the following vNext templates in the \"New Project\" window:

Answer 1

Visual Studio Ultimate 2015 Preview contains everything you need to create an ASP.NET 5 (vNext) web application. One additional generic option should be available that's not depicted in your question:

It's not entirely clear at this point, but choosing the generic web application option will present a few ASP.NET 5 (vNext) options that you're seeking in the following dialog: