Above: that’s right, we’re assuming if Windows DOES ever run on the iPhone, the auto-rotate feature won’t work (actually, we were just too lazy to do a proper Photoshop job).

iEmulator has announced that thanks to Apple’s recently announced iPhone SDK, it will be able to bring a Windows emulator to the iPhone by the 2nd quarter of this year.

“Apple’s new iPhone and iPod Touch software development kit is allowing us to quickly port iEmulator to these innovative devices,” said John Czlonka, General Manager of iEmulator.com. “It’s an amazing development and operating environment.”

iEmulator currently markets a PC emulator for Mac OS X which runs Windows 98 and 2000, but despite iEmulator’s press release, we’re not sure this is going to be as easy as John thinks.

“Imagine being able to run most popular PC software anywhere, with full Internet connectivity, without having to lug a notebook PC around. It’s a fundamental shift in how people will use mobile devices, and makes thousands of new applications available for the platform.”

Unfortunately, it looks like “imagining” running Windows apps on the iPhone is about all we’ll be able to do for the foreseeable future. While John and his team may very well be able to port iEmulator to the iPhone using the SDK, odds are the demand for a Windows emulator without the ability to run Windows, or any Windows apps will be low. You see, Apple has made it fairly clear that while 3rd party developers can port their apps to the iPhone, they cannot create apps that will “install or launch other executable code by any means, including without limitation through the use of a plug-in architecture, calling other frameworks, other APIs or otherwise.” That means iEmulator’s underlying framework may make the port, but it will most likely be unable to load Windows, which would in turn be unable to load Windows applications, and that means no Solitaire for you.

This also means it may be a while before we can run the “I Love You” virus natively on the iPhone.