As Morten mentioned, vs.net 2002 only compiles it using on framework 1.0.
if you wish to compile on 1.1 you will have
a. rely on command line compilation.
or
b. if using asp.net rely on version switcher which will change the version
the compiled project is bound to. (i wouldnt advise you to do it if you are
still in dev phase) http://www.denisbauer.com/NETTools/ASPNETVersionSwitcher.aspx
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