Microsoft will also add some products like Movie Maker and Live Video Messages to the Windows Live basket. None of them are live yet but you can get a good idea of upcoming features via these leaked screenshots.
Windows Live Movie Maker
Windows Live Movie Maker will be integrated with Windows Live Photo Gallery enabling user to convert both digital photos and videos into a quick movie. You’ll can also upload videos from the computer directly to YouTube, MSN Soapbox and other video sharing sites directly from Windows Live Movie Maker. Source: LiveSide
Windows Live Writer
The next version of Windows Live Writer lets you upload local videos directly from the blog editor onto YouTube. If you are into screencasts, this would make life much simple.
Windows Live Writer Wave 3 also includes support for Photo Albums and Windows Live Events. There’s also a link called "Slideshow" that will probably enable users to view that particular photo album as a self-running slideshow. Source: Live Sino
Windows Live Photo Gallery
Forget these mock-up screenshots, Windows Live Photo Gallery will have facial recognition much like what you have in Picasa Web Albums. There’s however a difference - Windows Live Photo Gallery will enable you to add people tags offline while in the Picasa, you can do that only over the web. Source: LiveSide.
Windows Live Messenger 9
Other than the revamped UI, there’s a new "Wha’t New" section similar to Facebook news feed. It has a list of things that your IM friends are doing on the web whether they are uploading photos, publishing a blog, etc. Source: LiveSide
Windows Live Calendar
The most attractive feature in the Outlook Express replacement is synchronization. You’ll be able to syn your desktop calendar with the web via the Wave 3 release of Windows Live. Source: LiveSide
To get the latest news about Windows Live Wave 3 suite of desktop products and online services, make sure you are subscribed to Live Side, Mary Jo Foley and Live Sino (Chinese).
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