[dba-VB] Missing reference or assy

I have a custom class library BaseObjects2 which is compiled to a dll.  I am building a new project 
which needs to reference this library.  I used the project references to navigate to the bin/Debug 
directory and selected the DLL.  The reference shows the the dll selected.  All of the properties of 
the referenced file are identical to another project which successfully references and uses the library.

And yet this new project puts the "blue wavey" under the using statement and when hovered over 
displays the error 'The type or name space name BaseObjects2 could not be found...'

http://stackoverflow.com/questions/3304741/vs2010-getting-type-or-namespace-name-could-not-be-found-but-everything-seem

This fixed it.  My question then becomes, why is the default for new projects the 'Client Profile' 
and is it possible to change the default to the full .Net version.  I don't do new projects all that 
often and I get stuck on this every time.  Apparently .Net 4.5 does away with Client Profile entirely.


-- 
John W. Colby
Colby Consulting

Reality is what refuses to go away
when you do not believe in it