Microsoft Visual Studio
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Unable to create the virtual directory. To access local IIS Web sites, you must install the following IIS components:
IIS 6 Metabase and IIS 6 Configuration Compatibility
ASP.NET
In addition, you must run Visual Studio in the context of an administrator account.
For more information, press F1.
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OK
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I just received this error when I tried to create a new asp.net web app with vs2010/windows 7. The solution is you need to go to "Control Panel > Programs and Features > Turn Windows features on or off" and install at least the two missing components. After this is done you need to open visual studios command prompt and type "aspnet_regiis -i".
