[c#] The imported project "C:\Microsoft.CSharp.targets" was not found

I got this after reinstalling Windows. Visual Studio was installed, and I could see the Silverlight project type in the New Project window, but opening one didn't work. The solution was simple: I had to install the Silverlight Developer runtime and/or the Microsoft Silverlight 4 Tools for Visual Studio. This may seem stupid, but I overlooked it because I thought it should work, as the Silverlight project type was available.