Design view of visual studio 2008 is too slow (control movement slow) -- How to fix [web view]

I was struggling for this issue. Lets see how we can fix it quickly:

Download Updated VS2008 Hotfix KB967253

Download and Install

Issue:

If you work in design view of visual studio 2008, you will notice it is tremendously slow. In a word it is quite impossible to design a large form :(. The whole purpose of using visual studio is defeated here. We like vs for its quick design facilities.... Actually it a known issue of that vs version. So to fix it we need to download and install the above fix from microsoft.