Microsoft visual C# 2008 compiler could not be created. Please re-install Visual Studio

Question

Any idea how to fix this error in Visual Studio? This error occurs when trying to create a new C# Console Application. I can create and build a C# Website, but Intellisens

Answer 1

I was not able to vote, but restart and resetting the settings did not work for me. But deleting HKEY_CURRENT_USER\Software\Microsoft\VisualStudio\8.0 did work for me. Thank you NimsDotNet, sadly I could not vote for that answer for some reason.