Moral of the story is don't trust MS any further than you can throw them?

I don't. And web hosted email entities will always be major target for malevolent hackers so I wont trust any of the web based alteratives either.

Never really cared for OutLook anyway. Outlook Express was always more to my liking, so when that went belly up with loss of Win XP I went and hunted down a viable substitute. Here is what I found and Its been treating me very well. Actively updated and getting better with each update:
https://www.oeclassic.com/
Great Pop Email client but you have to find yourself a suitable email host. I have always hated web based email and love POP email. Can also do IMAP if you prefer.