The Road To Know Where points to a new version of Windows Live Local for Outlook, now available for download.
From the download site:
Now you can add maps and directions to your Outlook meeting requests, see meeting locations in bird’s eye view maps*, get real-time traffic* updates, calculate the travel distance between your start location and your appointment location, adjust your meeting departure time based on the estimated travel time, store custom locations, search for nearby business, as well as print the map and directions to take with you on the road.
* Bird’s eye view maps and traffic updates are available in most major U.S. cities.
Note: This product is compatible only with U.S. English versions of Outlook (Office Language Interface Packs and Multilingual User Interface Packs are not supported).