Transfer Old Solutions to New Visual Studio

If you have developed applications in Visual Studio 2005 for Office 2003 and you are willing to make a transfer to new versions of Visual Studio and Office it wouldn't be a problem at all.
First be sure to have installed PIA for Office 2007 and VSTO 3.0 on a new machine. Than just open an old project in Visual Studio 2008 an it will automatically convert older VS 2005 solution and project files and additionaly will update all references to work on Office 2007.