Thanks for that Paul. Must give it a try. It doesn't exactly look like a "must have" piece of software but what it does seem to indicate is that Microsoft intend to make some serious inroads into the realms of digital imaging and probably see this market as a good revenue stream in the future.
I think the whole Microsoft Pro Photo micro-site has some interesting and useful information on it and it's worth paying a visit from time to time.
Yeah, it's a handy tool. You can store all your equipment in Outlook (including serial numbers, date bought, price paid), and then mark the items needed for any particular shoot.
It's just something that some will hopefully find useful.