Microsoft builds HTML5 based demo of Windows Phone 7.5 - worth a look

You can check out via a Android or iOS based product at:

If you try via the desktop you get a unsupported message: (not sure why? I guess they want you to experience the touch concept...which is silly since I would think their main target would be users who don't already have a Android or iOS based product.

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I test drove it on the iPad in landscape mode and it tells you to flip it to portrait. This is done via CSS and can be tested as shown.
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Flipped into portrait mode and got started, here's some sample. Nicely done Microsoft.

(download)