MSN Groups will be closing on February 21, 2009. It'll be replaced with a new service, Windows Live Groups, which debuts on November 17.
Here's the catch: The LiveSide post indicates MSN Groups will not be migrating to Windows Live Groups; the new Windows Live service will be different enough so that the transition wouldn't be a clean one. Instead, the LiveSide post says that existing MSN Groups will transition to community site Multiply--in other words, Multiply is effectively acquiring MSN Groups from Microsoft.
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