Microsoft has released a new stable build of Windows Live Mail with fixes and new features:

1) Send mail from different e-mail addresses- You can add up to five alternate e-mail addresses. When you use an alternative address, recipients will see the following information: ?From: currenthotmailemail@domain.com on behalf of name@example.com”
2) Windows Live Contact importer- Import contacts from Outlook and Outlook Express into Live Mail/Windows Live Contacts. Link- http://by117w.bay117.mail.live.com/mail/utilities/en/ImportContacts.exe
3) New Theme
4) More contact viewing options

This new version can be accessed from http://by117w.bay117.mail.live.com

Via Liveside