I've been using Jeremy's tool when it was in private beta for some time now, and I have to say it makes using Delphi's CF Preview compiler a much nicer experience. Kudos to Jeremy for another high quality tool.
For more info see his blog entry annoncing the beta and check out also other entries of his blog with instructive videos. I might write on CF development and this tool in the future, as well. Notice that the installation includes also a set of class helpers by Jeroen Pluimers, an interesting idea he demonstrated in his talk at the EKON conference.