Unhandled Exceptions in VS2008

In our solution we have two basic projects: Client and Server, communicating via WCF.

When the Server components throw an exception the Server's WCF layer catches it, wraps it up as a FaultException and rethrows for the Client to catch.

Even though the exception is handled the debugger signals an unhandled exception when running the Server though VS2008.

From the Debug | Exceptions menu option I've turned the exception handling off for that one specific type: System.ServiceModel.FaultException`1

It would appear that disabling this exception affects only the Server project.