http://www.theregister.co.uk/2012/06/20/microsoft_phone8_developer_launch/

"Phone 8 will also support native code in C and C++, along with hardware
acceleration from Direct3D and support for DirectX. This is going to be a
boon for games developers looking to port their products to handsets, he
said, and Belfiore promised "some freaking great games" at launch."
Is Ultralite on WP8 now likely to happen?

Cheers,

Shao