Now that Live.com removed the link to the "personalized home page", it's now very difficult to naviagte to My Live, without typing in my.live.com. In fact the only way I can see is to visit Live Home, and click on the "personalized home page" link. I don't know how a new user would find out about it now. iGoogle is always linked on the homepage, no wonder it get's so much press.
For Wave 3, could you add a link in the Windows Live orb (or equivilent), under "Windows Live Services", where "home" etc is?
They are getting rid of the orb in wave 3. as well as making the entire UI look like a 5 year old made it.... I'm still debating if I will contune using live services once it hits wave 3. I for one want a clean professional look, not some 5 year old drawing....