The story of POP continues like this
A few months ago some folks on the team hatched a plan to finally offer POP and starting this week Hotmail Plus users ($19.95 a year) will be able to use POP access from any device. In the interest of transparency though I want to be clear that we have plans to offer POP to all users (all premium and free) but we aren't ready to do that yet. I can't comment on a timeframe for when free users will get POP, but we hope to do so within the next 12 months.
If you do take advantage of this premium feature and sign up for Hotmail plus you'll also get an ad-free experience, more storage, larger attachment support, and a non expiring account.
Our POP service requires that you use Secure Sockets Layer (SSL) with the POP and SMTP connection and use SMTP authentication. This is to ensure that your email address and password are not subject to tampering. The settings are the following:
POP: pop3.live.com (port 995)
SMTP: smtp.live.com (port 25)
Note: make sure you check the box that indicates that your outgoing server requires authentication (in most mail clients this is not checked by default).
Username: your full email address
Password: your Windows Live ID password