Is Wizard-Code a Derived Work?

worldcitizen asks: "Now, with all the noise from the SCO case regarding copyrights, what constitutes a derivative work and who owns what, a question started creeping up: What would happen if Microsoft starts claiming copyright infringement or other Intellectual Property claims in the wizard-inserted code that Visual C++ generates? Would it be possible that even the simplest 'Hello, world' is tainted? Copyrights don't even require uniform enforcement. Could they selectively enforce it on Free Software projects for Windows that have used VC++ for development? Could they license it in such a way that makes it illegal to use Visual C++ for Free Software? Should this be a wake-up call to never use Visual C++ unless you have a cross-licensing agreement with Microsoft (obviously not for Free Software projects)?"