I upgraded to Lion, MonoDevelop 2.8 and MonoTouch 5.0 and the Apple iOS 5 SDK. All smooth.
I installed the iOS 5 SDK into a different-than-default folder.
How do I get MonoTouch to use the new simulator? Under the menu Project/iPhone Simulator Target only 4.3 and below appear. However, I can set the OS target of the project in properties to 5.0
Perhaps MonoTouch needs to be told where 5.0 is?
How?