Creating Web Projects in VS.NET
The Visual Studio .NET Web Project wizard doesn't work very well if you're not running as an administrator. I've found the easiest way to get a Web project started as a non-admin is to first create the virtual directory using the IIS admin tool from the computer management console [3] and then run the wizard and point it to the URL I just created. You can also add yourself to the VS Developers group, which grants you write access to \inetpub\wwwroot and seems to make the wizard a lot happier.