Can I run MonoTouch on Windows
ESCOZ has written steps required to build iPhone applications using MonoTouch on a Windows PC and Visual Studio 2008. Nice work ESCOZ.
Here's how to develop with MonoTouch on Windows and Visual Studio 2008. You won't be able to compile the code, as it depends on libraries that simply do not exist on Windows, but tools like Resharper will work perfectly. This will allow you to write the code faster, but you'll still need the mac to run the app on the Simulator or the iPhone.
Read here to see all the steps here...