It looks like Microsoft is getting very serious about search and has launched a couple of private Betas for webmasters,
PPC Managers and SEO's.
Firstly is MSN Webmaster Portal which sounds very much like the Google Webmaster Tools in terms of what it is offering:
Quote:
Shortly after that day in March when we had to take the “link:” operator offline, a small team was formed in Redmond. Its singular focus: to build the next-generation set of tools, content and resources for SEO professionals and webmasters (and get “link:” back in your hands). Creatively named Webmaster Portal (we’re really good at marketing), it will be a single, friendly place to find all tools and information relating to Live Search SEO. Initially we’ll support these scenarios:
* Troubleshooting tools to ensure MSNBot is effectively crawling and indexing your site
* Sitemap creation, submission and ping tools
* Statistics about your website
* Consolidation of content submission resources
* New content and community resources
While we expect the tools to be available publicly in late Fall, we still have some polishing to do. In the meantime we’ve created a private beta program to let adventuresome folks get their hands on the tools sooner – and help polish things by providing feedback. If you’re interested in participating in the beta program over the next few months, please send a mail to lswmp@microsoft.com to apply!
-- Nathan Buggia, Sr. Product Manager - Webmaster & Developer
-- Ryan Burkhardt, Group Program Manager - Webmaster & Developer
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The original post was made on the
Live Search Blog.
Also a blog which I found has revealed that Microsoft is also launching a competitor to Google analytics which is currently codenamed "
Gatineau" which sounds very French to me (Perhaps someone could translate it for me if it means anything

)
If you are interested in Gatineau, you can sign up to the Beta
here
Definitely worth a look if you are using Microsoft adCentre.