What happen if I delete App.config in C# application?

I write a small application, that I don't need store anything in config files. So the file App.config in my source is exactly what ever Visual Studio has created.
So I want to delete this file from source code (before compiling). But I noticed that it also contains the .NET version information. I wonder if I delete App.config file, then copy my application to other pc, is it have any strange behavior?