Gizmodo has some screen shot from Magneto:
"Apparently more screenshots of Windows Mobile 2005 Beta (aka Magneto) are out on German site Pocket Center (if that sort of things gets you hot and heavy). There are also some screengrabs of the newest version of Microsoft ActiveSync, showing just a little bit of how we can expect the new version to work.
Magneto und ActiveSync 4.0: Weitere Screenshots (German) [PocketCenterDE via PDAGold]