The boys in Redmond aren’t going to be happy about this…After a bit of digging, blogger Dan Ardelean managed to fully unlock the ROM found within the Windows Phone 7 CTP Emulator. As you can see in the screenshots above all the apps are now available and also access to the task manager among other things. Dan has also posted the Bin file here (Dan took down the link. Guess it’s too late now, the file is all over the place…Microsoft isn’t going to be happy at all…). I frankly wouldn’t be surprised if Microsoft decides to take down the whole thing in a few hours.
Source:Dan Ardelean thanks for the tip Mike