Like many folks have found, there are some issues to work out with VS Orcas Beta 1 VPC and ASP.NET:
Here's Rockford’s Blog, the first I found that clued my in to the problem of IIS 6.0 not being setup and enabled properly:
Here are a few on my own notes to help you going...
I. Enable IIS in Windows 2003 !!!!
- Check and if need, Install Internet Information Services (IIS) 6.0:
- Run Ad/Remove Programs:
II. To verify that your IIS server is working correctly, use an Internet browser to view your Web page: