Look, I'm not sure if someone else has already said this, but plug your android device into the computer, and (I think) enable USB debugging. You should be able to add it to Eclipse, and then the code will run on the actual device faster. WAY faster.
I found out by accident - was trying to test my software while my phone was plugged in to charge, and Eclipse swore blind that it was executing the code, but the emulator was nowhere to be seen. I unlocked the phone to make a call and almost wet myself with excitement, when I saw the latest version installed and running. It's so EASY once you start doing it like that.
Living on Earth may be expensive, but it includes an annual free trip around the Sun.