I’m pretty sure the error about ManagedObjectFactory is related to the symptoms you are describing. This error indicates your Visual Studio installation (particularly the C# language service) is corrupted. Most likely this is caused by some setup issue, which we are currently working to identify.
I had a chance to investigate this error and found that one of our interop assemblies is unexpectedly installed into the GAC, while it shouldn’t be. It’s installed into the GAC by Windows installer, which indicates this is a setup issue. The fix is to uninstall it from the GAC, but because it’s installed by Windows installer, it’s more than just “gacutil /u”. You need to follow the procedure described in KB873195 to remove it from the GAC:
- Delete a value corresponding to the “Microsoft.VisualStudio.CSharp.Services.Language.Interop” assembly from the “HKLM\SOFTWARE\Classes\Installer\Assemblies\Global\”. Note the “Interop” part because there is also Microsoft.VisualStudio.CSharp.Services.Language assembly, which must be in the GAC.
- Start “VS2012 x86 Native Tools Command Prompt” and run “gacutil /u Microsoft.VisualStudio.CSharp.Services.Language.Interop”.
Disclaimer: I’m a dev on the Visual Studio C# IDE team.