IIS issue with Visual Studio

I am trying to get my project to use my IIS virtual directory, here is how I have it setup..

In Windows 7..

My project has a Web Application, which is located in my Projects folder.. In IIS, I created a new Virtual Directory pointing to my Web Application, gave IIS permissions..

can access it fine using http://localhost/WebApplication

Now in Visual Studio 2010, I goto properties of the WebApplication, select "Use Local IIS Web server", type in "http://localhost/WebApplication", sits there for a few mins then a popup error..

Microsoft Visual Studio

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To access local IIS Web sites, you must install the following IIS components:

In addition, you must run Visual Studio in the context of an administrator account.

For more information, press F1.

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OK

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Does not list any components missing..

Any ideas? Rather not have my project in inetp开发者_运维问答ub/wwwroot

Try running Visual Studio as administrator.

Right click your Visual Studio shortcut and click "Run as Administrator".