Error when opening a solution with a web services project in it:

"Unable to open the Web project 'myproj'. The file path 'c:\code\myservice'
does not correspond to the URL 'http://localhost/myservices'. The two need to
map to the same server location. HTTP Error 404: Object Not Found"

First, this error comes up on a system that is serving other web services
just fine.
Second, the main issue here is project collaboration. We use CVS for
revision control and when checking out the web services project on a machine
that did not originally create it, this error occurs. We can force a mapping
in IIS to the correct folder but other errors arise from that.

Another issue is that I cannot seem to force the project to look at my
server for the code. I renamed 'localhost' in the webinfo file to my server
name and cannot seem to get the system to see it. I do a search through all
my files for localhost and nothing returns, yet, when I turn off my IIS
server (for testing) and load the project it still looks to localhost - not
my server name. I need to get this working so that when someone checks out
the webservices code, they can use it seemlessly.

Please advise.