http://www.microsoft.com/downloads/details.aspx?familyid=5BD8ABAA-5813-4DB3-B23A-24551DE2ECC1&displaylang=en
not sure if this is what you're looking for, but i've been using .net cf 2.0 and sql mobile 2005 with vs 2005 and dont seem to have any problems. The link to that download is the sdk for sqlmobile and should allow you to use the library in 2.0. Let me know if you need any other help.