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For a free and open source effort, check out https://github.com/koush/androidmono. I just came across this and have not used it, but it looks promising.

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Hey, I'm the creator of said project. I started that 2-3 years ago, but abandoned it once I heard of Mono for Android officially being supported :)

I wish you didn't.

That's too bad. I really like the idea but not at $400.

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