It looks like Windows 7 Mobile development wont be possible with C/C++, just C#/Silverlight/XNA (http://en.wikipedia.org/wiki/Windows_Phone_7#Application_development)
Yes, certainly does!
it needs .net compact only. .net frameworks work with all visual studio languages like c++, j#, c#, vb.net
If so, then it'll possible for GLBasic to support Win 7 Mobile then :) It appears that previous Windows Mobile software wont run on the new one...