It has features, but a limited amount of space.
It is also a little complicated for the non-computer savvy person. 2MB storage (Note: after 30 days, account storage bumps up to 250MB), signatures, stationary, HTML compatible.
It also has a limited beta version, named Windows Live Mail, that offers 2GB storage, and some good features.(see How to Get a Windows Live Mail Account to learn how to sign up)
Hotmail is another program.
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