This may depend on what types of projects you are creating. I tested it working, but then I only did it with 1 solution, which contained WPF and a class library.
I wanted to do something like this, see here in my codeplex project
As I said, I'm not sure if this will work for you, but it was for me.
I worked on this at home and at work (not working just for fun). I had a copy of the 2010 beta at home and 2008 at work.
At first I started working with vs2008, so when I went to open my project, he raised the update wizard.
When I got to work the next day, I accidentally took a hand and created empty solutions, including existing projects in it and saved the solution (calling it something a little different)
So, when I was at work, I was able to run the vs2008 solution file so that some changes updated them to the code and, when I was at home, I could get the latest changes and open them using the 2010 decision file.
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