I really like the functionality provided by Live Mesh…and the video below helps

gets the vision across.  Beyond file syncing – I just tested out distributing a .NET 3rd party app using Live Mesh and the app runs flawlessly.  So I could install an app on one machine and have it available to run on any of my machines on the mesh.  So the “Click Once” deployment for distributing out an app is really interesting. 

More info -

Cross Posted from Dan Fay's Blog (http://blogs.msdn.com/dan_fay)