lost Web Forms Controls

I am trying to learn VB.NET and the chapter I am reading requires me to create a Web application. The instruction say to choose ASP.NET Web Application from the new project menu and then in the Name box type WebLoanCalculator. The first sign of trouble is the Name box is grayed out. I change the name in the Location box to http://localhost/WebLoanCalculator and it seems to create the base Web app just fine, but the toolbox does not have tabs for Web Controls or HTML controls. Any ideas what is wrong here.
I have IIS running on Windows XP Pro....or at least it says it has started when I check the IIS manager in the administrator tools. When I start IE and go to http://local the IIS help page comes up as expected.
Thanks in advance for the help!!

Dave

The name being greyed out is normal. If it's creating the app then IIS is running. Web Controls or HTML controls, hmmm maybe you need register .net with IIS : C:\WINDOWS\Microsoft.NET\Framework\v1.1.4322\aspnet_regiis.exe -i

TPM

P.S. This should have been posted in ASP.NET, not ASP, VB Script

Post a snapshot of your IDE.