Clayton,Attached are two files, the items and the projects. Each file contains more ZIP files. Do not extract the internal ZIP files, just the files attached to this post. Extract the items files to the following location. Do not extract the project template since it is the only item and is not "re-zipped."
Items (VisualBasic_WebItems.zip)
C:\Program Files\Microsoft Visual Studio 8\Common7\IDE\ItemTemplates\Web\VisualBasic
Projects (SF_WebApplication)
C:\Program Files\Microsoft Visual Studio 8\Common7\IDE\ProjectTemplates\Web\VisualBasic
Once you get the templates in the proper folder locations, get out of all Visual Studio instances and execute the following command:
C:\Program Files\Microsoft Visual Studio 8\Common7\IDE\devenv.exe /setup
The templates should then be visible. You could also just download the 1.4.1 release and go through the installation to achieve the same results 