Error 5efc7975-14bc-11cf-9b2b-00aa00573819 : 17 (Solution)

Well these error happens if you have a form base and add a control belong to the visual powerpacks, in the microsoft forums it says that it is a bug and will be fixed in incoming relases. but here in a post found the solution.
http://social.msdn.microsoft.com/Forums/en/winformsdesigner/thread/28f2df35-3445-4b4d-bc53-96cd74ce5155?prof=required

I just wonder how many times i have faced weird problems and found the solution but never post something about it. I hope it help people to find the solution quickly.

In the form base you have to remove the visual power variables and used as local variable in InitializeComponent().