On a related note, if I run the project (the one successfully created in VS, but then opened in Water) I get an error in the console:
~> Process ChatServer started
!> Exception of type System.InvalidOperationException on thread 0EE0
!> Message: Service ChatServer was not found on computer '.'.
And execution stops on this line:
server.Run(args);
I can hit F5 to continue past the error and it runs fine.