I have just created an ASP.NET MVC 4 project and used Visual Studio 2012 RC to create a Controller and Razor Views for Index and Create Actions.
I had a very similar error when upgrading a project from MVC3 to MVC4.
Compiler Error Message: CS0103: The name [blah] does not exist in the current context
In my case, I had outdated version numbers in several of my Web.Configs.
Ex:
...
Be sure to review the Web.Configs in each of your Views directories.
You can read more about Upgrading an ASP.NET MVC 3 Project to ASP.NET MVC 4.