I have Visual basic 2010. And I recently designed a console app. As I want to save it as a .exe for my friends to run it, there is no bar for that. I can not use any other version of Visual basic because, My computer won't install nay other framework than 4.1 Beta. Someone please help.

Assuming your friends have the appropriate framework/dependencies installed, and you're not depending on any other components, simply give them the .exe produced by the build (look in /bin/Release in your project directory). Do not give them the Debug build.

You can alternatively use ClickOnce to prepare a deployment that packages up all your dependencies, et cetera, is a nice neat package. Ask Google or the MSDN for more information about ClickOnce. You can access ClickOnce via the Build menu (it's the "Publish whateveryourprojectis..." command.

bin/release/? Where is that located exactly?