0x80131700 Build Error on .NET Micro Framework

The following build error occurs when using .NET Micro Framewo开发者_开发技巧rk project, whether in emulator mode or not.

0x80131700

or

error MMP0000: 0x80131700

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Solution by way of a drop-in file available on CodePlex (click here), also contains suggestions about frameworks.

Note: Ran into this problem during an electronics class, Googled the above answer, posting solution here for people to find, for archive and easy future reference.

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Description
MetaDataProcessor fails with the above error during the build of .NET Micro Framework project on a computer where only .NET Framework 4.0 is installed (e.g. Visual Studio 2010 on a clean Windows XP Mode virtual machine). To workaround the issue copy the attached MetaDataProcessor.exe.config file into a directory where the .exe file is located (default %ProgramFiles%\Microsoft .NET Micro Framework\v4.1\Tools); alternatively install .NET Framework 2.0+ (3.5 SP1).

File Attachment - MetaDataProcessor.exe.config contents:

<?xml version="1.0" encoding="utf-8" ?> 
<configuration>     
    <startup useLegacyV2RuntimeActivationPolicy="true">         
        <supportedRuntime version="v4.0.30319"/>    
    </startup>  
</configuration>