Office Live Small Business, the beta for small businesses to establish an online presence with a free website, domain name, and 100 email addresses, has reached 1 million subscribers, according to a Microsoft press release.  Currently up and running in 5 languages/locales (US, UK, France, Germany, Japan), Office Live Small Business provides basic services for free, and offers upgraded services (more space/storage, Store Manager to sell products directly from your site or from eBay, email marketing tools, as well as a free adManager tool to manage ads set up through Microsoft’s adCenter) on a subscription basis.  Office Live Small Business also sets you up with an Office Live Workspace account, to collaborate on documents and files, using Microsoft Office products or a web interface. 

You can sign up for Office Live Small Business (if you’re in one of the 5 locales) for free.