One of the most useful things you can do with Live Mesh, beyond just syncing files and folders, is syncing your bookmarks. This is as simple as right-clicking on your Favorites folder and adding it to the Mesh. (Doug has more detailed instructions on this here). When you do this on all your machines, you’ll end up with a merged directory of all your Favorites so you can manage your bookmarks from in one location, no matter how many machines you have. You can even access them from any other computer that has internet access just by logging into your Live Desktop. Live Mesh lets you invite others to share a folder, so, if you wanted to share your bookmarks.