One of my colleages installed Visual Studio 2008, but web development options like "New Web Site" etc are missing.
Basically, Visual Studio can be installed suitable for various users. One of such options is,if we are going to use Visual Studio for web development. While installing Visual Studio, in Custom option, there is an option to choose "Web Development Tools" or something like that.
This option needs to be selected if Visual Studio is used for any web development.