• A completely redesigned UI that will make using Live Favorites a lot easier and more fun.
• Now you can organize your favorites with Folders and by using Tags.
• With the new sort options, you can sort by Top Favorites, Title, Tags, Last Modified and Address.
• There is a new one click Add Favorites feature.
• Complete support for Firefox and a new/updated import for Netscape, Firefox and Del.icio.us.
• There is a new Pre-View Pane so you can select a favorite and see it in the view pane.
• Updated import and export

The Live Favorites tool bar has been busy working hard to get Sync to work the way we all want it to. We now have Auto Sync that will Sync your IE favorites over to Live Favorites automatically. There is a configuration page that allows you to configure how auto sync works. We also have a new Gadget for the http://www.live.com site that will give you another way to use your favorites. There are a lot of features and bug fixes in this release and even more in the next.