how to resolve the error message "Error reading Win32 manfest file"

during create .net application via vs2008, you may get error saying "Manifest File 'C:/WINDOWS/Microsoft.NET/Framework/v2.0.50727/default.win32manifest' cannot be found"

 

solution:

Copy default.win32manifest from WINDOWS/Microsoft.NET/Framework/v3.5 to WINDOWS/Microsoft.NET/Framework/v2.0.50727 folder

 

also we could check following thread for some workaround, which discussed the similar issues to yours.
http://social.msdn.microsoft.com/Forums/en-US/vbexpress2008prerelease/thread/1c783f6c-1122-4b22-9277-4c8510a6a5d1