Microsoft - Skype deal, what happens with MSN?

MSN (Microsoft messenger) is the universal Windows instant messenger (IM). It comes bundled with Windows Live which included a Photo, Email, video editor and IM applications.  Now that Microsoft has bought Skype, What will happen with MSN or Windows live?

Firstly, what and who is Skype?
Skype is an voice over IP (internet port) application for Windows/Mac/Linux. In basic terms it's for Live voice and video calls over the internet with contacts you added. Skype has millions if not billions of monthly users, free and paid!

You might know MSN From previous blog posts.

Now the biggest question is what will happen with Windows live or MSN?
I personally don't see Windows live being removed anytime soon, it has to many valuable applications, like:  the E-mail app (application) and the video editor (since Windows movie maker was removed on windows 7)
There are of-course alternatives to these app's. For E-mail, there is Outlook (from Microsoft) or Thunderbird (from Mozilla)
For video editing, there is Sony Vegas (form Sony) or Final Cut Pro (from Adobe)  

If I were Microsoft, I would dis-continue it, since Skype is really up and coming (if you read other blog's, you might have notice that  it now supports Facebook chat and "news feed"). They can make Skype a really good product, for Windows as well the windows phone (Microsoft's smartphone). Also making this there main goal for a IM app, with the existing users , could only mean good expansion for Microsoft on other platforms.