I did a quick research and got some help of a friend :) I have not installed the windows mobile emulator so im not sure about that, tried firefox mobile and it works fine, they are all free.
Windows only: It's a great feeling to find a productivity application that fits your workflow, but if your platform of choice is Windows Mobile you might only find that app after hours of tedious installing and uninstalling with lots of tiny screen time and stylus poking. Recently released to the general public, Microsoft Windows Mobile Emulator is desktop software that imitates Windows Mobile 6, Windows Mobile 5.0, and Windows Mobile 2003SE on your PC. Install and uninstall software, try out themes and new interfaces, and use the phone's external buttons with the emulator—no stylus required.
http://www.microsoft.com/downloads/details.aspx?FamilyID=a6f6adaf-12e3-4b2f-a394-356e2c2fb114&DisplayLang=en
http://www.reuters.com/article/technologyNews/idUSTRE55171K20090602
Of all Internet pages that were downloaded to mobile devices globally in May, 24.6 percent were downloaded through Opera's browser and 22.3 percent via iPhone, StatCounter said.
(...) Nokia, the world's top cellphone maker, retained third place in mobile browsers with 17.9 percent of the market, StatCounter said.
Browsing the Web on a mobile phone is traditionally such a painful process that many of us simply don't bother. Thankfully things are beginning to change though. We've already seen the Beta release of the slick Opera Mobile browser for Windows Mobile and UIQ devices. Now, Mozilla is getting in on the act with its Firefox Mobile browser, code-named Fennec.
This Windows-based emulator gives you a sneak peak at how Firefox Mobile will perform. And by the look of things, it's shaping up pretty well. Instantly, you'll see that this isn't merely a port of the desktop version of Firefox but rather a completely new interface designed to be used comfortably on small screens.
http://firefox-mobile.en.softonic.com/download