In a post on the official SkyDrive blog, Microsoft announced the new 200GB storage limit can be bought for $100 a year. The previous storage limit was 100GB, which costs $50. "Just to put that in context: 200 GB is enough space to take a photo, every hour, from the moment someone is born, to the day they graduate from college," the blog post states.

The new upper storage limit will be welcomed by many folks, especially heavy photo users who can quickly maximize the free 7GB limit on SkyDrive. This news comes even as Microsoft has to change the name of SkyDrive itself in the very near future, as the company recently lost a court battle in the UK where the Sky TV network claimed the SkyDrive name violated its trademark. Microsoft has not indicated when that change will take place.