The answer from @Charlie is absolutely spot on; and I thought about saying this on a comment but then figured I should put it as an answer.
Under certain circumstances (certainly on my desktop at work, which uses a workstation NVidia card), which are listed in the installation issues (connected with Hyper-V in particular), VS2010 fails to enable video acceleration even if it is available.
Open up Tools->Options, and on the very first options panel you'll see a group in the middle 'Visual Experience'. Just make sure that everything is checked in there and that it says 'Visual Studio is currently using hardware-accelerated rendering...'.
I don't think the hardware requirements for VS2010 are particularly heavy - but your card certainly must be DX capable.