I’ve just received an email from Microsoft Connect telling me about the availability of a newer build of Windows Live Messenger; Build 0562, the most notable changes are:
 
 

«       New UI design

«       New contact list design (no more hover behavior)

«       A return of the old status icons

«       A Sharing Folders status and progress bar

«       The Sharing Folders activity log is now in a separate window

«       New Voice platform

«       Improved reliability

«       Improved stability

«       Improved performance

«       Improved login performance

 

For Screeshots check the Windows Live Messenger Build 0562 Photo Album