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Again, starting the simulator is about as easy as getting the MDS to work. You scroll through the Start menu and select the simulator that you installed. As you can see, I have two installed - the 9700 (Bold) and the 9800 (Torch), but the 9700 (Bold) is the one that most people have, so we'll use that one instead.
Be warned, this acts as a virtual machine. It will churn up your RAM like a fat person in a cake shop. It could use up to 500MB of memory, so be sure that you have got plenty to spare - and you might want to think about closing down other applications you may not be using.
Please read the disclaimer! You can find this and more, including the explanation - as well as the pro's and con's of using spoofed geolocation on the ZDNet iGeneration blog.