Microsoft Live Favourites are hotly in pursuit of the del.icio.us phenomenon. In the latest post on the live favorites blog they are openly letting users know what is coming with the next version.
They are talking about Spaces integration, a developer API, a Firefox Extension, a new tab in Windows Live Messenger and the mention that RSS subscriptions to these would be a good idea. For some reason I think they have tested, trialed and given del.icio.us a really good run so they know how something should work.
Microsoft Spaces have some ‘chatter‘ about moving into the live.com space.
This gives Microsoft a rather large user base to dump into over the Yahoo del.icio.us offering.