Windows Live SkyDrive

SkyDrive (previously Windows Live Folders) is one of the coolest services Microsoft offers for its Windows Live users. SkyDrive is a Password-protected (with Windows Live ID) online file storage that enables users to upload files & allows to keep the files private, share with contacts, or make the files public. Publicly-shared files do not require a Windows Live ID to access. Here are some of the cool features of SkyDrive as Microsoft describes....

• Easy access
  Access 5 GB of free storage from any online PC or Web-enabled mobile device. You can even drag and drop files directly from your PC to your SkyDrive with the optional upload tool (needs an ActiveX control installaation).
• Store files for yourself
  Using multiple computers? No problem. When you store your files online in Personal folders, only you can access them.
• Share with your friends
  Need to share stuff with classmates, co-workers or family? Store it in a Shared Folder and control who can see and add files.
• Link directly to your SkyDrive folders
  Each folder on SkyDrive has its own Web address that you can send in an e-mail, paste in a document, add as a favorite, save as a shortcut... you name it.

Among all the cool stuff, I found one restriction that needs more tolerance.Maximum upload file size for SkyDrive is 50MB at the moment and I hope Microsoft will increse this size when they are done with the beta testing stage...