MFC Feature Pack - How to create CMFCPropertySheet control?

[VictorN]

The result looks like this:
http://img291.imageshack.us/img291/7594/mfctest.png

Please, next time attach images to your post.

Now can you please tell me how I can manage the make the PropertySheet actaully appear in the are where the "TODO" text is currently displayed?

Use CWnd::MoveWindow to move your sheet to a new position.
To know position of "TODO"control - use GetWindowRect (note, that control ID must be changed from IDC_STATIC to something else)

TMoreover, how would I kick out the clunky "Ribbons" bar, if I don't need it?

I don't know. I hate the most of new "themed" and Ribbons" features and don't use them at all.