Protobuf-net on Windows Phone 7-Collection of common programming errors

Hey. I came across Protobuf-net and it seems like a great serialization library to use. Is it possible to get this working on Windows Phone 7? I downloaded the MSI but it seems that the DLL cannot be referenced because it hasn’t been created with the Windows Phone Runtime. Is there another DLL I should download to use so that it works on the phone? thanks