To round out the feature set, and because I know my muscle memory will make me do this, also launch the project when you right click directly on a uproject file.
This is a change to the installer (adding the registry hook for the right-click-on-file), and to the quicklaunch batch file (code below)
Note
I had implemented this, but it conflicted with Unreal's own registry entries, so do lots of testing if you add this one.
if %mode%==ON_UPROJECT (
echo.Launching: "%projectName%"
start "" "%projectName%"
REM )