Moss 2007 not supported by Visual Studio 2010?

I ran into an odd error with Visual Studio 2010 and SharePoint and when I did some searching I kept finding the same comments.

"To the best of my knowledge, Visual Studio 2010 targets SharePoint 2010 exclusively in every respect, except for SharePoint 2007 workflow solutions. I doubt that you can connect to a SharePoint 2007 server using Visual Studio 2010."

Is this true? If so I am quite shocked. There are a lot of people still on Moss 2007 or older Sharepoint. I guess this means we run multiple versions of Visual Studio or hold our customers off upgrading to Sharepoint 2010 for yet another reason.

I look forward to hearing comments on this and hopefully a way I can use the robust Visual Studio 2010 to develop for older Sharepoint.