To all that are having problems getting this program to work because of .net 3.5 issues. Make sure that you also install the .net 3.5 sql cab as well. It is seperate from the regular .net 3.5 compact framework. I did that and it started working for me with the 3.16 beta stock rom.
Hope this helps everyone.
P.S. No2chem, you and all the other guru's on here rock. you guys are the reason i moved from a palm to a mogul. I will try to donate as soon as I can.