Difference between 'Web Site' and 'Project' in Visual Studio

http://www.dotnetspider.com/resources/1520-Difference-between-web-site-web-application.aspx

http://stackoverflow.com/questions/590501/difference-between-web-site-and-project-in-visual-studio

http://msdn.microsoft.com/en-us/library/aa730880%28VS.80%29.aspx#wapp_topic5