visual studio 2005 cannot create new c++ project just brings up the home screen then hangs

when i create a new application using the c++ in project type win 32 console application  it just comes up with the below screen and then hangs,
hit finish does nothing hit cancel does nothing
but it works fine in c# does exactly what it is supposed to do.
any ideas on what is going wrong or what i have to set up

welcome to the win32 application wizard