Live Mesh Beta now available
Ray Ozzie hinted it at his Mix08 keynote.
The name: Live Mesh
https://www.mesh.com/Welcome/Welcome.aspx
What it is:
http://dev.live.com/blogs/devlive/archive/2008/04/22/279.aspx
Ray Ozzie introducing it on Channel 9:
http://channel9.msdn.com/ShowPost.aspx?PostID=399578
The architecture:
http://channel9.msdn.com/ShowPost.aspx?PostID=399577
Hands on demo on Channel 10:
http://www.on10.net/blogs/nic/Hands-on-with-Live-Mesh/
Must now read, watch, try and formulate an opinion ;-)