I have found one solution for VS 2010 but not for VS 2008.....

For Helping others using VS2010 facing same kind of errors :

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Could you please follow the instructions above for collecting a performance trace? (repeated here):
Download and install the Visual Studio 2010 Diagnostic tool located at: http://visualstudiogallery.msdn.microsoft.com/en-us/e8649e35-26b1-4e73-b427-c2886a0705f4. Once you have installed the tool:
-    Open your project in Visual Studio (do not begin debugging yet)
-    Open the “PerformanceDiagnostics” application that was just installed
-    On the ETW/Xperf tab, select ‘Default’, click ‘Start Profiler’
-    Reproduce the hang
-    Click ‘End Profiler’, wait
-    Click ‘View Profiles’; the newest .etl file is the file that we are interested in

and upload it to the following workspace:
URL: https://sftus.one.microsoft.com/choosetransfer.aspx?key=b075e447-fbdd-4d6c-ad86-f146c99a509c
Password: fwBud@xV{S

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can any one have solution for VS2008?

Plz Help.........