I have NAnt installed and it builds properly.  It appears the paradigm is to have one VS solution per module.  I prefer to have a top level solution containing all my modules.   However, when I remove the individual solution created by the VS template and include the project in my overall solution, the NAnt script fails because it is looking for a solution with the module name in the module folder.

Should I modify the following and can the template be made to use the project rather then the solution?

<target name="Compile" depends="init">
    <exec program="${sys.env.windir}\Microsoft.NET\Framework\v3.5\msbuild.exe" failonerror="true">
      <arg value="${subproject.name}.sln" />
      <arg value="/p:Configuration=Release" />
      <arg value="/p:Platform=&quot;Any CPU&quot;" />
    </exec>
  </target>

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I think its best to wait till 4 is supported by default.  I'll compile under 3.5 and run IIS on 2.0.