I saw this in a project file the other day:
<ProjectReference Include="Foo\Bar\Baz.csproj">
    <Project>{A GUID HERE}</Project>
    <Name>Baz</Name>
    <Private>False</Private> <!-- ??? -->
    <ReferenceOutputAssembly>False</ReferenceOutputAssembly>
</ProjectReference>
Every node in a ProjectReference appears to be self explanatory (the referenced project file, GUID, name to show in the solution explorer, and whether or not the current project should link to the referenced project) except Private, and the Common MSBuild Project Items page doesn't document this value. (There's a Private setting documented for Reference rather than ProjectReference -- but it has Never, Always, and PreserveNewest settings, not true and false)
What does this setting do?
 
     
     
     
    