From Slashdot -

“Inspired by the fast growth of social networks such as Facebook and MySpace, Microsoft is launching a test version of its own social network. Wallop brands itself as ‘the exclusive social experience’, and is technically a separate company, a startup that’s based on technologies developed by Microsoft Research. As far as revenues, Wallop ‘plans to sell graphics and other features people can use to decorate their personal profile pages’, says MSNBC.”

Visit Wallop here

I have sent in a request to beta test Wallop.  If I get the opportunity, expect a list of reasons why you SHOULD or SHOULDN’T switch in the very near future.