On Visual Studio 2010 + IIS Express 7 I was able to use IIS Express as a server and browse sites.
I\'ve since installed Visual Studio 2012 (on Windows 7 64-bit) with
Did you check if the http bindings registration happened for your site? (running "netsh http show servicestate" command from command prompt would show all the registered bindings and check if your site binding "localhost:60046" exists or not)
if your site binding does not exists, try following to check why bindings registration is failing.