After some testing, I found out that streaming of ImageList using CF WinForms designer is different from streaming using WinForms designer. If images are added using cf.net designer and form is reopened using winfrorms designer an exception "Method 'System.Windows.Forms.Design.ImageListDesigner+OriginalImageCollection.Add' not found. " is raised.
Is there any option to change default streaming or any custom ImageList from some other provider (3-party) that can be used in both designers?
Any other recommended solution?