Resetting Settings

ever since about a week ago when i load VS i get that box that says something along the lines of "preparing visual studio for first time use..this may take a few minutes.." What i did when using 2005 was just reset the settings by going to Tools > Import and Export Settings but when i do it this time it doesn't fix and i get a few errors.

Your settings were reset, but there were some errors.

Error 1: Projects and Solutions: Unable to import property 'ProjectItemTemplatesLocation' because it contains invalid data '%vsspv_visualstudio_dir%\Templates\ItemTemplates'.
Error 2: Projects and Solutions: Unable to import property 'ProjectTemplatesLocation' because it contains invalid data '%vsspv_visualstudio_dir%\Templates\ProjectTemplates'.
Error 3: Projects and Solutions: Unable to import property 'ProjectsLocation' because it contains invalid data '%vsspv_visualstudio_dir%\Projects'.

i read somewhere that using devenv /installvstemplates would fix the problem. Any ideas?
[1034 byte] By [A.Carter] at [2008-1-4]

Visual Studio Orcas

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