All the answers to all the questions you want to know are inside that light

With Silverlight being the preferred development platform for the Windows Series 7 Phone, Novell's release of MonoTouch on the IPhone, and a release forthcoming of MonoDroid for Google Android based phones it appears that .NET developers may have, in Silverlight, a realistic shot at building applications that can be ported and run on all three major device platforms.

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