Connect Items Status for Portable Class Library Project References

A few months back we disucssed about an issue with assembly references with Portable Class Library Project. The issue was submitted here:

https://connect.microsoft.com/VisualStudio/feedback/details/768350/assembly-references-in-portable-library-projects

We have a complete post detailing the actual issue here:

http://www.shujaat.net/2012/10/issues-bugs-with-portable-class-library.html

Microsoft team was kind enough to pick up the issue for fixing. Actually the connect item has two reported items. It seems that the issue is partially fixed in the final release of Visual Studio 2012. The status is now set as "Active".