Microsoft FolderShare Beta Becomes a Windows Live Service

FolderShareTM allows you to create a private peer-to-peer network that will help you to synchronize files across multiple devices and access or share files with colleagues and friends. You no longer need to send large files via email, burn them to CDs/DVDs and mail them, or upload them to a website. FolderShare allows you to share and sync important information instantly with anyone you invite, making it the perfect solution for personal or small business use.

[Via ActiveWin.com Headlines]

I found this to be pretty interesting. I volunteer at a local Habitat affiliate and constantly are backing up data so I can access it from home/laptop. I am still investigating FolderShareTM but I will probably try it out.