How do I use Visual Studio 2010 config transformations for the applicationSettings section in the web.config file?

I just upgraded to Visual Studio 2010 and I am playing around with the Config transforms option for web application projects. I can see in the example file how to change the connection strings, but I want to change the settings in the applicationSettings (Not appsettings) section. I could not find information on this.

I tried the following which worked, but I thought there might be a better way:

  <applicationSettings>
    <MyDashboard.Web.Properties.Settings>
      <setting name="SomePath" serializeAs="String" xdt:Transform="Replace" xdt:Locator="Match(name)">
        <value>c:\somewhere test</value>
      </setting>
    </MyDashboard.Web.Properties.Settings>
  </applicationSettings>