August 20, 2008 6:03 AM EDT
I hate to say this, but I don`t think that MS Office Live is the product you want. (stating the obvious) I use MS office live to host my site and Im sorry that I chose them and am considering switching.
My suggestion to you is move your site to GoDaddy.com and use OSCommerce. First, GoDaddy.com is a pretty good (pretty cheap) website hosting company. They allow php and other technical things that MS Office Live does not support. This way, you can add blogs and forums etc.
Also by using a hosting company that allows php you can use OSCommerce which is a free opensource e-commerce store. I have never used it and it is slightly outside of my area of knowledge, but I have done research about it based on a direction I was considering to move my site. In other words, forgive me for inaccuracies.
Anyway, by switching hosting companies and using this e-commerce software you should be able to do exactly (and more than) what you want all at a reasonable price. I hope this helps and makes sense. If not, let me know and I would be happy to follow up.
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