Problem building ASP.NET application via its project-file.

[kinook]

When building an individual web project file, you won't be able to utilize Make VS.NET capabilities that modify the project (versions, properties, base address, etc.). If you need to do that, you should specify the project's local .sln file in the action instead.

When processing web project(s) in a solution file, the Make VS.NET action goes through various contortions to determine the actual local filename for an http path. See the last section of the Make VS.NET help topic for more details.

We do have it on our list to also support this conversion for individual projects in a future release.