VS2008 - Getting "Creating project 'projectname'... project creation failed"

Symptom

Cannot create a simple web application or a windows application project with Visual Studio 2008. Getting "Creating project 'projectname'... project creation failed"

Cause

Few packages are marked as skipped for loading

Resolution

Ran devenv /resetskippkgs which reset the skipped packages, and those would be loaded inside the devenv

 

Hope this helps someone wandering in the internet world in search of a solution! Thanks for stopping by!