Lucas123 writes: "This past weekend, Microsoft briefly revealed the online backup service they've been talking about for two years, according to a story on Computerworld. 'The hosted backup service, now called Window Live Folders, will initially offer users 500MB of free storage that they can organize into personal, shared and private folders to separate content and limit access. "Password-protected online file storage. Always available where you need it," the site's tagline read before it went offline.'"
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