Monitor a USB Device

Question

I need to monitor incoming data on a given USB device and capture the data that is sent thru into my C# application. From what I have read this is very hard as .net 2.0 really does not come with anything for USB interfaces (which is hard to believe). I would even settle on a application that maps my usb port as a serial device so then I could read this thru C#. Does anyone have any advice?