example #2 for http://factormystic.net/blog/using-reactive-extensions-to-smooth-compass-data-in-windows-phone

raw_event_stream.cs

using System.Diagnostics;
using Microsoft.Devices.Sensors;
using Microsoft.Phone.Controls;
using Microsoft.Phone.Reactive;

namespace Rx_Compass_Smoothing
{
    public partial class MainPage : PhoneApplicationPage
    {
        Compass compass = new Compass();

        public MainPage()
        {
            InitializeComponent();

            Observable.FromEvent<SensorReadingEventArgs<CompassReading>>(compass, "CurrentValueChanged")
                .Subscribe(e => Debug.WriteLine(string.Format("Raw: {0}", e.EventArgs.SensorReading.TrueHeading)));

            compass.Start();
        }
    }
}