Visual Studio 2005 Device Emulator and internet connectivity
Abhiram Khune has posted a nice long post on the steps to get the device emulator to connect to the Internet. You can find it here https://blogs.msdn.com/akhune/archive/2005/11/16/493329.aspx
[Update: VMNet driver bits are up for download now at https://www.microsoft.com/downloads/details.aspx?FamilyId=DC8332D6-565F-4A57-BE8C-1D4718D3AF65&displaylang=en ]