Exchange access to your Outlook.com or Hotmail.com inbox is now possible if you apply to join the new Outlook.com preview program.
As mentioned above joining the Outlook.com preview program gets your email account converted in to an Exchange Inbox, meaning you can fully take advantage of Microsoft Outlook on the desktop. Changes you make to your inbox, calendar and contacts will sync in real time just like your Exchange inbox you might have at School or Work, as will the mail rules you create and so on.
If you happen to be using Mac OS you can finally use your Outlook.com or Hotmail.com email account in the OSX Mail app or even Outlook for OSX without having to resort to using IMAP, meaning everything will sync and not just your email.
If you have always wished your Outlook.com / Hotmail.com was a Microsoft exchange inbox then follow this link Outlook.com Preview Program Request Signup and get yourself on the list today.
If you want to learn more about the new Outlook.com powered by Office 365 have a read of the New ways to get more done in Outlook.com blog by the Office 365 time.