Currently MVVM Light (WP7) project template for Visual Studio creates Model and ViewModel folders.
But the View xamls are added directly under the project (In solution explorer). As the number of view files increases this may clutter the project file structure.
May I propose that we add the xamls and their code behinds under a "View" folder and the image files under "View\Image" folder.
App.xaml can remain directly under the main project because it represents the app and is not really a View
MainPage.xaml can go under View.
All png, jpg files can go under View\Image folder.