iEmulator announced that they are developing a PC emulator for the iPhone and iPod Touch.
"Apple's new iPhone and iPod Touch software development kit is allowing us to quickly port iEmulator to these innovative devices," he went on to say. "It's an amazing development and operating environment."
iEmulator.com has a bit of a head start, as they currently offer a PC emulator for Mac OS X. The iPhone version will, of course, have some limitations -- no CD or DVD access, for example -- but they are looking into offering wireless or direct connectivity to load software.
iEmulator Touch, as it's called, is expected in the second quarter of 2008 and pricing has not yet been established.