Mel Sampat, a Program Manager @ Microsoft shows off Windows Mobile 6 and power of managed code. He shows off a sample managed application that does expense tracking. It uses managed voice recognition API's to provide voice recognition support. The demo is very cool and shows how powerful the .NET Compact framework is and how it enables application developers to write truly amazing applications on top of the .NET compact framework. Scott Guthrie  @ Mix says that Microsoft is a platform company, this is one of many reasons why that statement is absolutely true.

http://channel9.msdn.com/ShowPost.aspx?PostID=303900 

If you want to skip the initial part and go straightaway to the demo, goto 13:30sec in the video.