iphone - Xcode target Deployment Target vs. project Deployment Target

Question

Excuse my ignorance, but what is the difference in Xcode between the Deployment Target field under "Targets" and the deployment target under "Project"?

What happens if my project deployment target is 3.2, and my iOS Application Target is 4.0? Or vice versa?

Answer 1

Target settings override project settings. Project settings are valid for all targets whose settings haven't been overridden.