InfoPath Dev

I have a Infopath 2003 form that I had coded using Visual Studio 2005. Now I'm trying to load teh VS project on a new machine which has VS 2005 and Infopath 2007. When i load the project, VS says that it was developed in an older version of VS (it was not) and that it needs to converted. The wizard goes through a few steps and then finishes saying it finished successfully. The conversion log says that conversion did not take place because it wasn't required and 0 projects have been converted. At this point the project has not been loaded and if I try to reload, the whole process starts again. The project is never loaded.
Any insights?

Hi Manu,

We have been struggling with this exact same problem recently. I'll post back when we figure it out. Or, if you figure it out, please let us know!

No, couldn't figure it out. I eventually had to redevelop the C# project using the original form. I am still struggling to complete it though because of all the object model differences between 2003 and 2007. No construct seems to work correctly.
Anyhow, if you do figure out the loading, i will still be interested.
thanks