Normally, you don't need to check the history very often. If you do need sometimes, then get it from Visual SourceSafe (VSS) - Save much space for Team Foundation Server (TFS). For example, we have a about 7G VSS history database, and we may only need a small bit of them every 3 months, so what's the point of coping about 7G file when we only need one line of code?
But there are also some considerations that you may want to migrate the history:
If you are going to move the history, the links may help: