Windows Live SkyDrive is finally out – http://skydrive.live.com

Windows Live Folders got a new name and its so cool. As SkyDrive team reports here, it has below features:

• An upgraded look and feel — new graphics to go along with your new features!
• "Also on SkyDrive" — easily get back to the SkyDrives you’ve recently visited
• Thumbnail images — we heard you loud and clear, and now you can see thumbnails of your image files
• Drag and drop your files — sick of our five-at-a-time upload limit? Drag and drop your files right onto your SkyDrive
• Embed your stuff anywhere — with just a few clicks, post your files and folders anywhere you can post html

This is how it looks:

And, live thumbnails for the images.

and more exciting, drag and drop feature to upload files:

And more, more, more, more excitingly – you can embed the files/folders in your webpage:

It now gives 500MB of free storage, but let’s home that they’ll increase the future.

http://skydrive.live.com