I'm sure this question has been answered before, but I can't find it anywhere.
What I want to do is replace the standard DragDropEffect (the box with the plus sign and arrow) with either:
1) An outline of the control (I could draw the rectangle myself)
or
2) By showing the actual control (refreshing it's location while moving)
or
3) Some other idea unknown to me
This is one of those things that I really don't like about VB.NET vs. VB6. They made dragging and dropping more of a pain, and removed some things, like setting a drag icon. I am not sure that you are going to be able to accomplish this, but as always, I may be wrong. I love to be proven wrong.
This project, among other things, demonstrates how to do that fancy drag and drop.