.NET 3.0 registers wrong path

I just did a clean install of .net 3.0

It installs the assemblies to:

C:\Program Files\Reference Assemblies\Microsoft\Framework\v3.0

However, when you open an existing project, you will get an error that it can't find the assemblies at path:

C:\Program Files\Reference Assemblies\Microsoft\WinFx\v3.0

Apparently the installer either

a) installs the assemblies in the wrong location

b) registers the wrong path in the GAC

I duplicated all the assemblies in teh WinFx path to move forward, but something is wrong with the installer.

[589 byte] By [rgsiii] at [2007-12-22]