Windows Mobile Device Center (wmdc) Does Not See A Cradled Emulator

Ok, this one confused me for over an hour today, so here it goes.  I just got a new development machine up (Dell 390) and installed the following:

• Vista Business
• VS2005 (and Vista SP stuff)
• SQL2005
• WM5 SDK
• Turned UAC off
• Windows Mobile Device Center 6.1 (WMDC)

And then when I tried to cradle my Windows Mobile 5.0 Pocket PC Emulator using the Device Emulator Manager, nothing happend.  So I went and did my normal checklist, Make sure WMDC is set to listen to connections using DMA, then uncheck it and recheck it (fixes it sometimes), restart the computer, double-check that VS is running in admin mode.  Nothing worked. 

It turns out that I was using the 1.0 version of the Device Emulator (the default installed).  I installed the 2.0 version and everything worked like a charm.

You can tell if you have V2 by

1. In your emulator, Help -> About and top line of text should be "Microsoft Device Emulator V2"
2. In your emulator, File -> Configure -> Peripherals and if you have checkboxes for Battery, Speakerphone and such, then you are good.

Anyway, hopefully this saves someone some grief.