I've just installed Windows Live! Messenger and Internet Explorer Beta 3.
Windows Live! Messenger is pretty good. It's got a prettier interface than MSN, and it automatically copies all your contacts, emoticons, and whatever from MSN, before it gets rid of MSN. You'll have to manually get rid of the MSN icon if you have it on your desktop though. 
As for Internet Explorer 7...meh. It has some good points, but i'd make some changes if I were Microsoft. At least it's still beta.
First and foremost, i'd get rid of tabbed browsing, or at least have an option to do so. I honestly can't see why anyone would want tabbed browsing! I prefer to keep my webpages separate by opening the browser multiple times. It was exactly this reason why I hated Firefox as well.
The second thing, is the fact that they've moved stuff around. The "stop" and "refresh" buttons are on the right of the screen, whilst the "forward" and "back" buttons are separate on the left! Stupid system.
Thirdly, the taskbar buttons - IF you want them (Which I would imagine everyone would) are below the url box! The number of times i've clicked the buttons when I wanted to type in a new url already... 
Fourthly, is that Internet Explorer had a problem with my connection settings when I first opened it. It simply wasn't able to connect because it didn't know my username or password - but it still wouldnt stop trying to connect! Eventually it crashed on me, and it was only thanks to the crash that I was allowed to actually enter the information manually.
And finally, is the colour settings. It's probably my screen or I need a new prescription or something, but everything looks like it is ever-so-slightly-blurred or coloured wrongly. I've tried adjusting the phase settings on my monitor, and this did help, but it isn't perfect. I notice the problem the most when I read white text, like the posts on the forums. 
Anyways, there ARE some good points to Internet Explorer 7. There are more security options in Internet Explorer 6, and as well as the old pop-up blocker, it now includes a tool that automatically searches for phishing attacks as you load up each individual webpage. You can turn this system off though if you want.
When it first loads up, it asks you to manually check your own security settings - and if it thinks that a particular option is insecure, it will highlight it in red to show you.
I also haven't had any problems with my existing toolbars either. This was one of the first things that I expected to go wrong. I have the Google Toolbar, and it works fine. I also have the Yahoo toolbar, (Only for its Antispyware program) but I usually keep it hidden. I can't find any problems with it though, and the antispyware scan works fine.
Ah well, that's the end of my rant. I'm gonna leave feedback for Microsoft now. 
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, and I think it's only real step forward in about 10 years. The Office suite had gotten WAY too bloated with toolbars and menus. The new context-sensitive toolbars are infinitely superior. I don't care what anyone else says, this blows every other Office suite out of the water, including all prior versions of MS Office, iWork, and (God help us) OpenOffice.
(So does Office 2007 Pro and MSN Live!)