Check the link below for details, screen shots, and a video
Last year, Microsoft launched Outlook Social Connector, a plugin that syncs social networking feeds with your Outlook contacts, giving you immediate data on what they are doing and thinking. It started last year with LinkedIn() integration, but soon the company announced MySpace and Facebook were coming.
Today, Outlook completes the cycle with not only Facebook integration, but support for Windows Live Messenger as well. Not only that, but the company is releasing the plugin for Outlook 2003 and 2007 users as well, bringing Facebook, MySpace(), LinkedIn, and Windows Live Messenger to millions of business and personal inboxes worldwide.