What's the point of WHERE 1=2 for SELECT INTO table query
The reason you put the WHERE 1=2 clause in that SELECT INTO query is to create a field-copy of the existing table with no data.

If you did this:

select *
into Table2
from Table1


Table2 would be an exact duplicate of Table1, including the data rows.  But if you don't want the data contained in Table1, and you just want the table structure, you put a WHERE clause to filter out all of the data.

BOL SELECT INTO Reference quote:


  SELECT…INTO creates a new table in the default filegroup and inserts the resulting rows from the query into it.


If your WHERE clause has no resulting rows, none will be inserted into the new table:  Therefore, you end up with the duplicate schema of the original table with no data (which would be the desired result in this case).

The same effect can be achieved with TOP (0), for example:

select top (0) *
into Table2
from Table1;


Note:  The SELECT INTO will not duplicate the source table's indexes, constraints, triggers, or partition schema.