Windows Live - Some new-ish stuff

Windows Live Events - Birthdays, parties and other event planning tools

OneCare Family Safety - some body is trying to sort out parental control

Skydrive - like a USB stick on the Internet - Roger Lawrence got me interested in this (but again available only if you are registered in the USA)

MSN Soapbox - similar to youtube (except streaming, and with overlays, but not yet silverlight)

image only in USA?


Build your own community site

Also thanks to Chewy Chong, here's some other forthcoming innovations:

Partnering with Microsoft's IP Ventures Team


Microsoft Research - GroupShot

Microsoft Research - HD View

Microsoft Research - Interactive Image Cutout

Microsoft Research - Virtual Viewpoint View