Android vs Monodroid

Question

Friends,

Here is my questions

Which is best to start with Creating a traditional Android application by downloading all the API's and use an Eclipse to write an Android application OR Download the Monodroid SDK and start wrting an application for android using Visual Studio?

Which is preferable out of these 2 options?

If we select the 2nd option to go with Monodroid, do the Android Market place requires any additional packages required to upload and run our application online?