This is really great tool for Custom Web Part development, i found this in codeplex http://smarttemplates.codeplex.com/Release/ProjectReleases.aspx?ReleaseId=10838
1. You don’t need to add the references for the web part development
2. When you build it will generate setup folder (with wsp file in it). Just copy this folder to the SharePoint server and install it as any software.
3. Your web part will deploy in the site as a feature, enable the feature and enjoy!!!!!
Now we can save a lot of time…