Changing the Default Target Framework Visual Studio 2010

Question

Is there a way in Visual Studio 2010 to change the default target framework that projects point to when they are created? I want to target the 4.0. framework by default and

Answer 1

There is a way to change it by hacking the template:

http://blog.rolpdog.com/2010/04/changing-default-framework-profile-in.html

Which is probably close to the same as MrEyes answer.