I've been told that the emulator is very fast if you're running it on a
64-bit version of Windows XP with a 64-bit processor. Other than that,
there's really no way to make it close to the speed of a real device.
The only other thought is debugging: I found that hitting F10 (Step over)
steps a little quicker. You just have to decide if you want to step over a
procedure call. At that point, I Step Into, then Step over all the statements
in the called proc.
But seriously guys,
He is right, developing in VS2005 for the new compact framework stuff is
soooo slooowwww!!!! What happened? Even adding controls to the form
sometimes take forever, let alone debugging!