title: VS2010 Multi-Targeting Not Working Correctly
body: <p>I'm having an extremely strange problem with VS2010's multi-targeting.  In a nutshell, only targeting .NET 3.5 Client Profile seems to be working correctly.  I really need to be able to target .NET 2.0.  Anyone have a thought or two?</p>
  
  <p>Creating a brand new Windows Forms project:</p>
  
  <p><img src="https://i.stack.imgur.com/ZgwGK.png" alt="Creating a brand new Win Forms project"></p>
  
  <p>Has the incorrect versions targeted:</p>
  
  <p><img src="https://i.stack.imgur.com/SOqpk.png" alt="Has the incorrect versions targeted"></p>
  
  <p>Targeting .NET 3.5 Client Profile - NOT plain old .NET 3.5 - does use the correct version: v2.0.50727.  That is the only way I get 2.0 references, but I need to target 2.0.</p>