Microsoft Outlook Live

I haven't actually seen this product, so I can't really comment too much on it. But just from reading the couple of articles I have seen about it, I wonder why anyone would want it. First, any of the online web/email functions seem to be just fancier versions of things you can get fro free now. And any of the Outlook functionality that you need can be had by ... buying Outlook, once, for one price. $60 a year seems like quite a bit for a souped up email service. I hope Microsoft is offering a lot more than the article describes, or this isn't going to be around long.