I am glad to hear you were able to resolve your problem!
When you state "it would be a nice fix to not require the changes you posted" do you mean to not require Run-as-administrator on Visual Studio? We agree that would be very nice. We've been trying to solve that very problem for months. It's not easy because of all the security that Microsoft has put into the OS for users that are not in the local Administrator group. All that security blocks us from controlling the browser because it acts like a computer virus.
Just the same we already have a feature request logged on this.
the Telerik team