If you get the following warning

jqueryLogo

Error updating JScript IntelliSense:

Object doesn’t support this property or method @2139:1

You need to download and install the following hotfix:

KB958502-JScript Editor support for “-vsdoc.js” IntelliSense documentation files

You can force Visual Studio to update JavaScript IntelliSense by pressing Ctrl + Shift + J.

The funny thing is that JavaScript IntelliSense worked with jquery 1.2.6 without installation of the hotfix.