Android emulator is so slow that it is not possible to test run applications. Is there anyway to debug/run applications on real phone with IDE instead of emulator?
I realize the context is for Windows, but I had the same issue on Linux (Fedora). Creating a new file in /etc/udev/rules.d/ was necessary (and restarting adb as Hyperboreus indicates).
This is indicated clearly at http://developer.android.com/tools/device.html.