While interoperability in itself is great stuff, as a consumer of the Yahoo product, I can't say I am too excited about the MSN and YM hook up.
You like one or the other and if a lot of the people you want to instant message with use IM-ware what you don't you either pick a new crowd to hang out and chat with or switch your IM software - depending on what you are less passionate about.
In either event the coming together of Microsoft and Yahoo over a problem so trivial does not bode well for the end-user. I would hate to see YM loose any of its character and worse acquire a pronounced MS vibe. That would be such a shame.
If in time all IM software turned interoperable, that wouldn't be such a bad thing. Push a product into the market to best the competition, don't spend any time to develop standards within the industry. Realize a few years later that your product and the bested competitor's product could both benefit form talking to each other.
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