I've spoken about Live Folders quite alot on here lately and some big news from that product team today is that they have dropped their working name and adopted "Windows Live Skydrive" as their name. Read about it directly from the SkyDrive team here and read more comment here, here, here, here, here, here, here, here and here (is that enough?).
The new interface is better and includes the new Live Wave 2 UI, the uploading tool is very very cool (drag and drop files that you want to upload directly into the browser), I like the provided embed links, and there is a pretty heavy nod to personalisation too. All is not great though, any existing links no longer work which I happen to think is pretty shocking even for a beta service. Just to verify that they don't work, go and check out these three previous blog entries of mine where I have had to update the links:
Come on guys. Think about these things huh?
-Jamie