You can create a target to check to make sure that all Content files are physically located on disk and raise an error if this is not the case. Here is such a target
<Target Name="ValidateContentFiles">
<Error Condition="!Exists(%(Content.FullPath))"
Text="Missing Content file [%(Content.FullPath)]"/>
</Target>
You can make sure that this target is executed everytime by adding it to the InitialTargets attribute on the Project element. For example
<Project InitialTargets="ValidateContentFiles"
ToolsVersion="3.5" DefaultTargets="Build"
xmlns="http://schemas.microsoft.com/developer/msbuild/2003">
Sayed Ibrahim Hashimi
My Book: Inside the Microsoft Build Engine : Using MSBuild and Team Foundation Build