>>>How can I verify the version I'm running and make sure I have the latest?
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>>Right-click on each of your projects and select "Properties". Click on the Application tab. The "Target Framework" should be .NET Framework 2.0.
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>
>Where exactly should I right-click? In Solution Explorer I only see Property Pages and there is no dialog you're describing.
>
There should be a top-level icon in the tree for the solution. Under that level is the project-level icons (one per project). Right-click on the project icon (not on the solution).