Our team announced a new release of WLW today (see more info and download link on the team blog) with some new features, bug fixes, improved performance, etc. etc. Check it out, use it, send us feedback–we are very committed to figuring out and addressing user needs. We plan on having a pretty aggressive release schedule, so definitely let us know what you don’t like–and what you do.
A major feature of this release is a Writer plugin area on the Windows Live Gallery. These are all free plugins that you can use to enhance your WLW experience–submitted by both the team and other developers. If you have written a plugin, please do consider submitting it to the gallery!