First of all it goes from 4Gb to 10Gb, whouah!

Get your free 10 GB hosting space now!

You can manage Video directly from the administration interface now!

Specify the video to upload using the Browse button, then type in a name and click on Upload. The video file must be smaller than 105 MB. This is equivalent to 10 minutes of video playback at a bit rate of 1.4 Mbps. Please wait as the upload may take a few minutes

And more

Silverlight Streaming (progressed to beta) –* Use our infrastructure to deliver great experiences*”

Silverlight™ Streaming by Windows Live is the companion service to Silverlight. We are increasing the free hosting and storage limit to 10 GB and can now stream HQ content at 1400Kbps (see a sample here). During the SLS alpha we saw most scenarios were media driven (i.e. video/audio) – to make it easier for content producers to get their media in front of their users, we have introduced a Video Management scenario which allows media to be uploaded in many formats (Flash, DIVX, MPEG-4, QuickTime, H.264, H.263, WMV1, WMV2, MPEG-1, MPEG-2) and we will transcode the content into a Silverlight™ compatible WMV/VC-1 format. For developers we have introduced a new WebDAV API for Silverlight Streaming which allows for file by file management and Web Folders support - for more information go here. *
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The updated service and documentation will be available next week.

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The new version of Tech Head Brothers will leverage all those new possibilities!