Phil reports that the mobile search team has been working hard, getting ready for a new release of the browser service: http://m.live.com. This service works on every mobile phone that has a browser.

So what’s in this release?

– Optimized experience for the iPhone
– Product Search (US only), compare products and prizes on the go.
– Directions: besides driving directions there’s also walking directions (US, UK, France and Italy only at the moment)

– A more personalized mobile experience: save your frequently visited locations via ZIP codes. Quickly check out the weather, traffic or find which movie to see.
– xRank (US and China): check out the latest news, and pictures, about your favorite celebrity, politician or musician.

Thanks Phil for the update. All this is available if you navigate to m.live.com on your mobile phone.