Live Mesh held so much promise that I am still a little disappointed that Microsoft decided to sunset it. Not only did it do what SkyDrive and Dropbox do today but it also did file and folder syncing, bookmark and application settings syncing along with Remote Desktop between shared machines. I think Live Mesh shutting down was one of the reasons why Ray Ozzie left MS.

https://en.wikipedia.org/wiki/Windows_Live_Mesh