I keep all my projects in a particular directory such as C:work. When I save or open up a new project, I want the File dialog box to start at the directory C:work. By default, it starts at the VB install directory, which is something like C:Program FilesMicrosoft Visual StudioVB98. I don’t save any projects in the same directory with the VB executable.
To get your project to open in the desired directory, change the “Start in” textbox in the shortcut for Microsoft Visual Basic to C:work. It saves a mountain of clicks.