The SBS team updated their blog with a post that contains some new details:
The Office 365 Integration module for SBS 2011 Essentials will be available later this year…. and it’s shaping up to be an awesome way for even the smallest businesses to take advantage of Windows Server 2008 R2 and the power of Sharepoint, Exchange, and Lync!
Here’s a quick snapshot of what the Office 365 integration may look like:
And here’s a video from Michael Leworthy of the integration in action!
PLEASE NOTE: This is not the final release and the interface may change!