
Microsoft planned on announcing this on Monday, but it looks like that Microsoft's Virtual Earth (MS version of Google maps) is out already now. It has a feature called "locate me" You can install Location Finder to display your current location on a Virtual Earth map by using Wi-Fi technology. If you do not install Location Finder, or if your computer does not support Wi-Fi, Virtual Earth can attempt to find your location by using the Internet Protocol (IP) address of your computer. This method is less accurate though. 
Link
Also: 
Google Maps have added a new ‘Hybrid’ button on the maps interface that gives you the satellite imagery with the roads and place names 
overlaid, similar to 
labeled aerial photos in 
MSN Virtual Earth.
Update: 
MS PR
 
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