Question : "The project location is not trusted." error when in XP Mode

When I open my Visual Studio 2008 project (a VB.NET desktop application), I get the following error message.  

The project location is not trusted.  
\\tsclient\E\  {remainder of project path withheld by me}
Running the application may result in security exceptions when it attempts to perform actions requiring full trust.

***  NOTE:  This error only occurs when I open the project within XP Mode on Windows 7.  ***

Following recommendations in articles I'd Googled, I tried adding a new code group with Full Trust under the Microsoft .NET 2.0 Configuration tool, but either I have done something wrong or this approach is not the answer.  

In the .NET 2.0 configuration tool, I added a new code group ("myCodeGroup") to All_Code, LocalIntranet_Zone, and I set the condition type = URL.

I then specified Full Trust for the following mapping

    file://\\tsclient\E\*


However this doesn't seem to eliminate the error message.  It seems that it has something to do with the fact that I am running under XP Mode

Answer : "The project location is not trusted." error when in XP Mode

No, it is because you are using UNC path for the project. Please read this article from MS

http://msdn.microsoft.com/en-us/library/bs2bkwxc.aspx

Goran