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This isn't the new logo. It's a short animation that was played by Microsoft at a presentation during MGX. It was meant to show the flexibility of Microsoft's different products and how they integrate with one another.

Here's the full animation: http://www.engadget.com/2010/07/22/new-microsoft-brand-logos-company-tagline-revealed-at-mgx-event/

The second update clarifies the fact that it isn't a new logo.