It is the same with mine. It seems that The Blend form VS2012 can open existing VS2012 Solution/project, but cannot create new solution/project, which makes Blend For VS2012 like a half-baked, unfinished product, but may make sense, considering that it may be integrated into VS2012 in VS2012 Update2 in near future, now that the entire "Expression xxx" designing suite as stand-alone tools are officially dead with Silverlight, WPF (well, they can still be used, if one insists).