MSN just had the biggest update since 2005. How did your sites do? Some of my sites don't rank for their own names anymore, others have improved loads. Post your feedback and discuss it here
http://blogs.msdn.com/livesearch/archive/2007/09/26/introducing-the-new-live-search.aspx they also change their blog layout
Some people are not seeing the new search. If you can't see it try this: http://search.live.com/results.aspx?q=seo&go=Search&form=PRESS
Have seen an improvement in some keywords but still some irrelevant results being displayed! The results do seem to be better than before the update though!
I've noticed in the last couple of weeks getting traffic from the first page of MSN/Live for the extremely competitive terms "japan" and "japanese", but I cannot reproduce the results myself. It also seems to send people to one of three trackback pages (these should be blocked in robots.txt!) or to an obscure tag page for these terms, which is pretty useless.
One of my sites is doing good in MSN for a generic word, which is great. But if I do a search, I can't find it. As far as I am concerned, MSN is sending phantom visitors. No increase in sales, just phantom log file entries...