Try this
Instead of changing the execution time-out through Tools -> Options you should be able to specify it when opening the first query/connection to a SQL Server in the "Connect to Database Engine" dialog box:
Options -> Execution time-out.
It works for me if I try changing it.
Source:
http://social.msdn.microsoft.com/Forums/en/sqltools/thread/e5c0af6e-763e-460b-818b-0e9df6572f12
Author:
Peter Gvozdjak - MSFT Microsoft
If everything seems to be going well, you have obviously overlooked something.
Ron
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