Microsoft finally released the new version of FolderShare, which is now under the name Windows Live Sync.
There are a lot of improvements to this version, one important feature is the use of your Passport/Windows Live ID. No more having a separate ID for this nifty little program.
Some of the updates from their blog include:
Having ran the FolderShare client for a while now, it has become a valuable tool that I use to keep my business and personal data copied between my work laptop and home systems. Very handy for when I’m traveling and make document changes or additional files, as it will start sending those to my home system automatically.
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Initial launch, you must sign in and allow the system to Synchronize. It will also rebuild the personal libraries during this stage.
       
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The new icon to watch for, instead of some weird looking folder it now looks like a form of sync depiction.