I’ve just watched the Google I/O 2012 – What’s New in Android Developers’ Tools video (the link should point at what I’m talking about, around 6th minute) and I was wondering why I can not find the Device selector when creating a new Android Virtual Device in AVD Manager… isn’t it yet implemented?
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No, as of ADT 20.0.1 this is not yet released.
In the other answer to this question, targets and devices are confused. You can install additional targets, but you still you need to manually configure the device specific properties when creating a new emulator.