I checked - I do have Framework Version 1.1 SP1, but I also have the version 2.0 Framework on my system also. Both run fine when I'm using Visual Studio.
Strangely enough, I was able to run the Calculator.vi project just fine.
Here's what I've tried - I opened a new blank vi, then in the Front Panel, I did a right-click and inserted a .NET Container from the .NET & ActiveX Palette.
Then I did a right-click on the .NET Container and clicked on "Insert .NET Control". I tried almost every item in the palette that popped up.
I even tried going back to the install CD and adding the .NET Framework 2.0 support. Now when I try to insert a .NET component (button) in the .NET Container it won't let me pick from the Windows.Forms.1.1, only items from the Windows.Forms.2.0 list. I actually get a message saying that the version 2 runtime is being selected.
No, I haven't tried to installing Labview on another system.