There are already other Microsoft blog services; you can find them on the Microsoft Technical Communities website. This service however will be focused on consumers and directly geared at for example Blogger. I will defenitly migrate as sooon as it hits Europe.
Reuters – Microsoft Corp. said on Wednesday it was launching its first-ever Web log service in Japan next week and aimed to have one million users in the first year, intensifying competition with Google Inc.
[Via Yahoo! News – Technology]