With
NetFront and
Opera Mobile gaining ground, it's easy to forget that a bunch of smart guys are actively working on the
Minimo project, a
Mozilla fork for Windows Mobile devices. It is small, fast and easy to use, and offers many advantages over Pocket IE, such as tabs and spatial navigation.
The latest version 0.13 includes a new UI, inital download support, better Windows Mobile SP 5.0 support, and lots of bug fixes. You can download the first release candidate
from here.