To change the template, you can open the ZIP file in the following locations:
Item Templates: C:\Program Files (x86)\Microsoft Visual Studio 9.0\Common7\IDE\ItemTemplates\VisualBasic
C:\Program Files (x86)\Microsoft Visual Studio 9.0\Common7\IDE\ItemTemplates\CSharp
Project Templates: C:\Program Files (x86)\Microsoft Visual Studio 9.0\Common7\IDE\ProjectTemplates\VisualBasic\StrataFrame
C:\Program Files (x86)\Microsoft Visual Studio 9.0\Common7\IDE\ProjectTemplates\CSharp\StrataFrame
The Item Templates will start with SF_ and the DevExpress templates will begin with SF_DevEx_. To change the reference version, just double click the ZIP file and extract the MyTemplate.vstemplate file. Open the file in a text editor or Visual Studio and change the reference versions to the desired version. Once done, add the changed vstemplate file back into the ZIP file, get out of Visual Studio, and run the following command to "install" the change:
"C:\Program Files (x86)\Microsoft Visual Studio 9.0\Common7\IDE\devenv.exe" /setup
Note: Obviously you may need to adjust your path for other operating systems and/or a 32-bit OS version or another language.