I think a really cool feature to have in Microsoft LiveMeeting would be the ability to turn your recorded meetings into an RSS feed with enclosures so that you can download your recorded meetings as Podcasts. You can already record the meetings but this extra little bit would make LiveMeeting a killer app.
The reason I want this functionality is because I belong to an online virtual book club and not everyone can make the meetings at the designated time also everyone doesn't have the time to watch the live meeting replay of the meeting. It would be awesome if they could download the meetings automatically and listen to them on the way to work.
I think it would have other good uses as well. Imagine a bunch of offsite meetings held with clients where requirements for a project are discussed. The developer could listen to the meetings on his MP3 player while coding the requirements ensuring that the right requirements from the client are put into the application they are developing.
Let me know if this is a good idea or if anyone knows if it already exists.