Building project `ConsoleApp2'
Building target `all' for project `ConsoleApp2'
cscc -o .\ConsoleApp2.exe -g -DDEBUG -DTRACE -vv -c -E .\subdir\ConsoleApp2.cs -
L. -lSystem.Xml -L. -lSystem -L. -lmscorlib
C:\temp\cygwin\lib\cscc\plugins\cscc-cs.exe -E -g -D DEBUG -D TRACE -D __CSCC__
-D DEBUG -J C:\temp\cygwin\lib\cscc\lib -L . -L . -L . -L . -l System.Xml -l Sys
tem -l mscorlib -vv -o .\ConsoleApp2.exe -- .\subdir\ConsoleApp2.cs
Leaving target `all' for project `ConsoleApp2'
Ending project `ConsoleApp2'

Output with cscc -E .\subdir\ConsoleApp2.cs

#line 1 ".\subdir\ConsoleApp2.cs"
using System;

class ConsoleApp2
{
        static void Main(string[] args)
        {
                Console.WriteLine("Hello world!");
        }
}