Up until now, The Regulator could only run on .Net 1.1. Now you can run it against .Net 1.0 using this config file:
just put it in along with the regulator.exe file and run.
The config file actually redirects all the main .Net assemblies in v1.1 to word on the v1.0 Assemblies. Pretty cool.
If you want to learn more about how this works, you can check out this cool article from early & adopter about running the two frameworks side by side, and redirecting between them:
It's really quite a funny article, but lots of great info. Recommended.