How to export/import vssettings (Visual Studio settings) into an older version (2005/2008/2010)

Problem

If you export your Visual Studio settings to yourFile.vssettings and try to import this file into an older version of Visual Studio, you will encounter the following error:

Solution

Open the .vssettings-file in e.g. Notepad and change the following attribute:

to the corresponding value of your Visual Studio version, which would be

Visual Studio 2008:

Visual Studio 2005:

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