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From Microsoft Watch: The first iteration of Office Live, Microsoft’s services add-ons to Office, is aimed squarely at small businesses. But Microsoft is working on ways to make future Office Live deliverables appeal to individual consumers, as well as to workgroups within larger companies. Office Live release 1.0 is on track to go live before the end of this year. But there are already a 1.5 and a number of other new initiatives in the Office Live pipeline.