Brandon LeBlanc has a great write-up of the new Windows Live Suite, complete with a video. Unfortunately for me, I can't take advantage of this beta, because it doesn't support the 64-bit flavors of Windows Vista. IMO that's really stupid. Microsoft should be supporting all versions of Vista in their betas, especially if the last beta supported it, and the final version will as well.
So much for trying out the new Messenger today...