SOLUTION: When IIS7 does not work in VS 2008

I spent an inordinate amount of time trying to create an ASP.NET application running in the new IIS7 because I kept receiving the same error message: "Unable to create Web site ABC [because] FrontPage server extensions are not installed and 'IIS 6 Metabase and IIS 6 configuration compatibility' is not enabled." The annoying part was that the IIS6 Metabase was already activated and go figure what Frontpage server extensions were doing there! After fiddling with this install/uninstall, activate/deactivate conundrum, I decided to completely uninstall IIS7 and then reinstall it and Bingo! Now it works! This video in MSDN Channel was kind of helpful after having read and re-read the manual and various help forums, to no avail. I still don't know what Frontpage server extensions have to do in an IIS7 environment, though.