If you own VS 2005, you can redistribute NETCF as MSI or as CAB(s) as long
as they are unmodified. This file contains list of what you can
redistribute: %ProgramFiles%\Microsoft Visual Studio 8\redist.txt

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Best regards,
Ilya
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> Hi, I would like to redistribute one cab file from CF installer with my
> application. Is that a legal way? I'd rather not to install the whole CF,
[quoted text clipped - 3 lines]
>
> Artur Kosek