Windows 7: Windows Live Wave 4 to be named Live Essentials 2011

Microsoft is planning to brand Windows Live Wave 4 as Windows Live Essentials 2011 when it launches later this year.
The software giant is currently readying a public Windows Live Wave 4 beta which is expected to be widely available in June. Microsoft has reached the end of the Milestone 3 phase of development and is expected to enter the beta period shortly.
Windows Live Essentials, known previously as Windows Live Installer, is a suite of programs offering access to an array of Windows Live services. Essentials includes Windows Live Messenger, Windows Live Mail, Windows Live Writer, Windows Live Movie Maker and more.
Thanks to fmartin_ms for the news tip