Get A Free Domain With Microsoft Office Live Basics Beta

Believe it or not Microsoft is offering a free domain name with hosts of other features when you signup for Microsoft Office Live Basics Beta. Fortunately Microsoft Office Live Basics Beta is also free.
With Microsoft Office Live Basics Beta you get:
Your own domain nameEasy-to-use design toolsFive e-mail accountsWeb site traffic reports
But the only catch is that you need to provide your credit card details, though you wont be charged for it.
Go get your free domain here