WP7 SDK on Windows 8

Question

Is it possible to install WP7 SDK on Windows 8 Release Preview? I tried using standard installation package but keep getting following error:

Installation

Answer 1

You should install WPSDK 7.1 first, before installing 7.1.1 Update. Check the Instructions at the bottom of the page.

see Installing Windows Phone SDK.

Update:

I have used the SDK's 7.1 and 7.1.1 from the above link and they are working fine in Windows 8.