Robert McLaws is guessing that Windows Live Drive may be announced at CES in Las Vegas in January. Basing his assumption on an ad in the CES 2007 guide, "Announcing a new way to share, protect, and store what matters most", the "All Together Now" ad does seem promising. While Robert may be going out on a limb here, as a number of Microsoft incubations would seem to fit a product that would "share, protect, and store", Live Drive is certainly one possibility.
Our own Matthew Weyer will be at CES, and will be bringing you all the Windows Live news from the Consumer Electronics Show (or from the parties, anyway)