To create a new web project with Visual Studio.net, follow the steps listed below.
1) Enable FrontPage Extensions on your account through the control panel.
2) Create a new web project using Visual Studio ( File -> New -> Project )
3) Enter the URL to your site in the dialog box, http://www.yourdomain.com, as the path.
4) You will then be prompted with an error "Web Access Failed" dialogue, then select "Try to open the project with FrontPage Server extension".
NOTE: If you are creating a sub-application (http://www.yourdomain.com/webapplication1), you will need to setup a virtual directory in the control panel to make /webapplication1 an application