I installed the S60 SDK 1.2. The emulator does not even start! Debug output shows E32USER-CBase 42 panics in a loop. I tried this on two different PC's.
I really think you need to get this stuff together fast!
From readme file:
2. KNOWN DEFECTS
· If SDK is installed other than c: drive, please change the reference to the virtual drive from epoc32/data/epoc.ini: