Not sure how this one slipped under my radar until now, but anyway Windows Live Favorites went into public beta
yesterday. In case the name doesn't give it away, Live Favorites is a web-based bookmarking system similar to del.icio.us
or Yahoo! My Web
. It lets you export your Internet Explorer bookmarks to a web-based collection where you can organize them in favorites and/or tag them, naturally. As with other services, bookmarking sites is done through a bookmarklet (interesting that Microsoft doesn't call it a "favelet") or an Internet Explorer add-in, and Live Favorites can be accessed via the web-based interface or through a tab in Windows Live Messenger. Live Favorites isn't as social as other sites, but you can share your Favorites through MSN Spaces. You can also import favorites from Firefox or Netscape (via an exported bookmarks.html), but there doesn't seem to be an import from del.icio.us or any other service yet. You can also export favorites to the same format. As far as I can tell there's no API or embed-this-in-your-web-site functionality yet. I can't say as there's much original thought in Windows Live Favorites, but I'm sure there's a market for it, especially if they add some more import options and an open API.