Mere months before the release of Windows 8, Microsoft recently released Windows Essentials 2012 (previously known as "Windows Live Essentials").
All in all it's more of the same; no big changes that I noticed, except for Live Mail loading a bit faster (which is a good thing!).
The full package includes Mail, Messenger, Writer, Family Safety, Photo Gallery and Movie Maker, as well as new addition, Microsoft SkyDrive.
All in all a fairly useful download and not a total waste of time. If you use any of the Essentials applications, you will probably be glad you downloaded it. But if you aren't currently a user of any Live Essentials applications, then maybe you should skip this download. In all likelihood you won't miss it.
For more details, click here.
Or if you want to download it directly, click here for the web based installer, or alternatively click here for the offline installer (full installation package).