There’s a new release (version 3) available of the Microsoft Office Outlook Connector.

Overview
With Outlook Connector, you can use Outlook 2003 or Outlook 2007 to access and manage your Windows Live Hotmail or Office Live Mail accounts, including e-mail messages and contacts for free! Calendar, tasks and notes can also be accessed and managed in Outlook for accounts with a paid subscription.
Outlook Connector enables you to use your Live Hotmail accounts within Outlook:

• Read and send your Office Live Mail/Windows Live Hotmail e-mail messages.
• Manage your Live Mail Contacts.
• Use advanced options for blocking junk e-mail messages.
• Manage multiple e-mail accounts in one place.

With a paid subscription, Outlook Connector enables these additional features:

• Manage, share, and synchronize your Windows Live Calendar in Outlook.
• Access your Tasks and Notes.

If you want to know more, read this blog post: Microsoft Office Outlook Connector Beta Now Available.