Good things about MS products recently:
Live Writer continues to impress me. No tool comes close in ease of setup and ease of use... except I still can't figure out why I'm having problems uploading images. Oh well.
Exchange/Outlook now auto parses the "To:" line so when I create a rule, the DL is auto-populated in the "When a message is sent to:" drop down list... nice work!
Bad:
Contacts in Outlook are a mess. It's much much harder than one would think to combine contacts together when you have dupes. And the integration with Windows Messenger is a blessing and a curse... great, I have all those random people I responded to in my contact box, but there's virtually no information about them. And in the process of trying to clean them up, somehow it broke the link between that and Windows Live Messenger and now the process of recreating all those IM contacts is incredibly painful. Ack!