Okay, I had an odd thing occur today while editing one of my projects.  All  of the 
“unrecognized tag prefix or device filter ‘asp’”
After a little searching I found a Google group post stating that:
”…building makes no  difference.  what does make a difference is leaving the nested master page file  open in the IDE editor window…”
So, just keep your "nested" master page open & all will be well.
 
