SQL Server 2005 express connection with Visual Web Developer 2008 express

Syntax:

ALTER TABLE {TABLENAME} 
ADD {COLUMNNAME} {TYPE} {NULL|NOT NULL} 
CONSTRAINT {CONSTRAINT_NAME} DEFAULT {DEFAULT_VALUE}
WITH VALUES

Example:

ALTER TABLE SomeTable
        ADD SomeCol Bit NULL --Or NOT NULL.
 CONSTRAINT D_SomeTable_SomeCol --When Omitted a Default-Constraint Name is autogenerated.
    DEFAULT (0)--Optional Default-Constraint.
WITH VALUES --Add if Column is Nullable and you want the Default Value for Existing Records.

Notes:

Optional Constraint Name:
If you leave out CONSTRAINT D_SomeTable_SomeCol then SQL Server will autogenerate
    a Default-Contraint with a funny Name like: DF__SomeTa__SomeC__4FB7FEF6

Optional With-Values Statement:
The WITH VALUES is only needed when your Column is Nullable
    and you want the Default Value used for Existing Records.
If your Column is NOT NULL, then it will automatically use the Default Value
    for all Existing Records, whether you specify WITH VALUES or not.

How Inserts work with a Default-Constraint:
If you insert a Record into SomeTable and do not Specify SomeCol's value, then it will Default to 0.
If you insert a Record and Specify SomeCol's value as NULL (and your column allows nulls),
    then the Default-Constraint will not be used and NULL will be inserted as the Value.

Notes were based on everyone's great feedback below.
Special Thanks to:
    @Yatrix, @WalterStabosz, @YahooSerious, and @StackMan for their Comments.

Although you should have no problem running a 2005 instance of the database engine beside a 2008 instance, The tools are installed into a shared directory, so you can't have two versions of the tools installed. Fortunately, the 2008 tools are backwards-compatible. As we speak, I'm using SSMS 2008 and Profiler 2008 to manage my 2005 Express instances. Works great.

Before installing the 2008 tools, you need to remove any and all "shared" components from 2005. Try going to your Add/Remove programs control panel, find Microsoft SQL Server 2005, and click "Change." Then choose "Workstation Components" and remove everything there (this will not remove your database engine).

I believe the 2008 installer also has an option to upgrade shared components only. You might try that. Good luck!