I was unable to reproduce this. I created a new Application project and followed your steps. After step 7 I had the following Xaml:
<Grid x:Name="LayoutRoot" Background="#FF0C0C0C">
<ListView x:Name="lstvTest" HorizontalAlignment="Left" Height="496" Margin="35,100,0,0" VerticalAlignment="Top" Width="308"
ItemsSource="{Binding Source={StaticResource Fred}}">
</ListView>
</Grid>
The ItemsSource was squiggled that "The resource 'Fred' could not be resolved." but VS was immediately responsive. These are both as expected.
Can you confirm that there aren't any other steps necessary? Were you using the full VS Developer Preview or the Express version?
You can also report this directly via the
Feedback tool. That will also capture some logs from your system which may be helpful if this is a system specific problem. You can also try to capture a dump of the hung VS and include that. There have been a number of fixes made to the Xaml
designer, so this may have been fixed; however, without being able to reproduce it I can't tell if it is a known issue or not.
--Rob