This person who's a tester on the Visual Web Developer Team offered this workaround, which apparently worked:
Close VS, delete schema cache, and re-open VS. You can find the schemas under something like:
C:\Users\Pavel\AppData\Roaming\Microsoft\VisualStudio\10.0\ReflectedSchemas
It is safe to delete all files in this folder.
DOK
2010-06-12 16:16:35