How many times do you have to press the key combination?
Fn + F4 key combination is to switch between monitors. Try pressing the fn + f4 a few times untill you get to show both monitors ON.
When the laptop monitor is OFF and the projector is ON, press the key combination and the projector should be OFF and the laptop monitor should be ON. Pressing the key combination the second time turns both the laptop monitor and projector ON. There should be no instance that both will go OFF.
If that won't work try enabling your Dual Display:
Right click on the Desktop -> Output To -> Intel Dual Display Clone -> Notebook + Monitor. It may vary defending on your setup, I am using a HP notebook and Acer LCD as second monitor.
Multiple monitors: frequently asked questions
http://windows.microsoft.com/en-US/windows-vista/Multiple-monitors-frequently-asked-questions