Yep, pretty painless ... it just does it after it asks you about it. However, it *has* been awhile since I did this (it was with the 2003 Beta).
... and you *did* see my other post clarifying this, didn't you? (That it's not the 1.1 Framework that converts the projects, but 2003 that does it.)
>
::The 1.1 Framework converts your project>
>I assume then that it handles everything painlessly? No mucking around with *.config files or such?