I ended up trying Favorites out just for grins. Man, what a pain. First I had to install the MSN toolbar (another disappointing MS tool) and jump through some other hoops. Then, to use it, you have to keep an explorer bar open, which I don’t like doing. Then you have competing favorites tools (builtin and Windows Live) that aren’t connected at all, which is kind of weird. All in all, a frustrating experience and one I wouldn’t recommend to anyone else.