The stuff I've been working on over the past couple of months is so close to shipping I can taste it. For now you'll have to whet your appetites with the information on the list of upcoming Windows Live Offerings which include

Explore and Find New Interests

Windows Live will deliver new ways for customers to discover and explore:

Social Networking. Social Networking features for Windows Live will be based on the people whom customers know rather than strangers who may visit their blog or Web site. Social Networking in Windows Live will be centered on a customer’s unified contact list, enabling the user to find and connect with people who have similar interests, but may be new to his or her social circle. Customers will be able to choose and control who has access to discover and connect with them.

Windows Live Spaces. Microsoft will continue to invest in services that help people express themselves, and find, connect and nurture deeper relationships with others around the world. MSN Spaces will transition to Windows Live Spaces as Microsoft adds new features to the service next year.

We have a bunch of great stuff coming up over the next year or so. Thanks to Mike for spotting this list. He and I worked closely on the design of Social Networking for Windows Live and it's a feature I know lots of our users will love.