The install should work on 2012 R2. I believe 2012 R1 vs R2 is where things actually don't work. But it's still unsupported, so I'd still heavily recommend a server upgrade at some point. Not sure how long dotnet plans on supporting it, we'll be sticking to latest versions of dotnet.
Matt Petty
Senior Software Developer
SmarterTools Inc.
www.smartertools.com