Even though Visual C++ is great to get a good grip on, and is fantastic for larger projects... I wouldn't recommend it for beginner - since file management can become an agony after a while, since a new project has to be created for every new source file.
I use Dev C++ instead, while learning. I intend to jump into Visual C++ 2010 later though, have it downloaded and installed already :)
I have done exactly what the video said (except my code is in C, not C++). In that Debug Folder, i do not have an executable. instead I have a file with extension:
I just ried changing the build configuration from debug to release but the same thing hapened: I now have a file called "ex1.exe.intermediate.manifest" in the "Release" folder too!
Ah I found it, the compiled output was being sent to another directory (another hard drive even!), that's why I couldn't find it.
My VS 2008 version is now compiling .cpp files but not .c files, I think this is something to do with the fact that I installed VS 2010 last night. I'll look in more depth.