I wish someone would reply yes. But after some time fiddling, I have to guess no.
You Can eventually get Cassini to run the project, but when you finally do - at least for
a VB .Net project - you'll get many other errors.
I can't express how frustrating it is to buy VB .Net to work on at home, only to get snagged
because I have XP Home from an HP preload and it doesn't have IIS.
MS - this is one legitimate reason why people copy software. It's absolutely ridiculous to
get dinged this way not having IIS for development. And, no, the answer is not to now go buy XP Pro.