Nope, I work for Novell on Moonlight. The Telerik guys do seem like pretty cool guys, though. I've emailed back and forth with one or two of them to try and debug Telerik controls running on Moonlight.
I tried doing it for the iPhone (html/javascript, showed in a WebView) -- the experience was horrible for an interface that featured only a couple of text inputs and 2 buttons. And on Android it was even worse.
Browsers for mobiles (WebKit mostly) are very buggy and even have extra restrictions that desktop browsers do not. I doubt they did a better job with the engine on WP7.
Silverlight: Polluting the mind of the commoner, making them believe it's the hottest shit since slice bread and that everything else is inferior. Then realizing that this cross-microsoft-platform wonder is just a bad flash imitation, then deprecating it saying that HTML5 is better.
Silverlight is still also very heavily used for intranet apps (which is where http://www.telerik.com/ makes their money on Silverlight controls)