Microsoft's EQUIPT to be available after mid-july

Microsoft's Equipt, a new Office-based software-plus-service bundle, will be available on rent after mid-july. Equipt, which Microsoft describes as its “essential set of software and services for consumers,” includes a version of Office Home and Student 2007; Windows Live OneCare, Microsoft’s PC management/security bundle; a few Windows Live communication/collaboration services; and Office Live Workspace, Microsoft’s online-collaboration add-on to Office.
Equipt will be priced at $69.99/year. One license can be used for three PCs.
If and when Microsoft introduces any updates to any of the Equipt components during the year, subscribers will be entitled to receive them automatically for free as part of their paid subscription.