Why does my clean hello world project not work?

I have a clean install of Xamarin.Android, and i created a new Android application in VS2010. But when i try to build it just to test it, i get the following error: Error 1 The "GenerateResourceDesigner" task was not given a value for the required parameter "ProjectDir". AndroidApplicationTEST I googled it, but i literally couldn't find anything on this. All of my other VS2010 projects work fine.