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Now that the Live Mesh team has finished rolling out their update, here’s a quick overview of the new stuff (beyond the obvious like this now being a beta with worldwide availability).

Progress meters in the Live Mesh client – this was a popular request ever since Mesh first rolled out in the CTP, as it was impossible to accurately tell how much had been uploaded or downloaded. The data was available definitely wasn’t reliable, but this appears to have changed for the better with the latest update.

Now there are both upload and download meters available for each device, and our initial tests showed they were reliable indicators of progress.

Making its first appearance in the Windows Live suite, Movie Maker Beta is a solid new application lacking in basic features to make it actually useful.

I’m a huge fan Windows Movie Maker in Vista because it offers a simple application with just the features needed to make/edit videos from clips, images and audio. Windows Live Movie Maker Beta does not include many of what I consider to be essential features. What it is however is the promise of something better, a new application that can offer all of the great features of the past with additional service integration and plug-in architecture for the future.

Lets look at what features it currently does have, what features from Vista’s “Windows Movie Maker” it is missing and what the future could hold.