I am currently in the preparation phase for a new project that will be developed with .NET Compact Framework (2.0 or 3.5, we\'ll see) and will run on a custom Windows CE 6 h
Follow this guide by Daniel Moth to setup a "My Computer" deploy target:
"The Moth: Deploy to My Computer"
Then choose this as the deploy target for your Smart Device Project and press F5. Try to stay clear of any platform specific modules/methods etc.
There are a lot of great blog entries in mr Moth's blog if you are an Compact Framework developer.