I like this. The customisation options are really cool. My space is at http://spaces.msn.com/members/savas/.

My concerns are:

1. My current blog already has permanent links that I don’t want to loose.
2. I don’t have complete control of my space. I am not sure whether I will be charged in the future for the service.

I can see how Microsoft will provide an excellent user experience and integration with Windows/Office/Messenger.

I’ll keep an eye on this but no plans for a move there yet.