I've had this problem before and I got so annoyed I unistalled the program. So I decided to try again and the error massage reads:

Unable to send or receive messages for the Hotmail (melt_the_plastics) account. Windows Live Mail can't connect to the Hotmail server. To send and receive messages in your Hotmail account, go to http://hotmail.live.com on the Web, or try again later.

Server Error: 5102
Server Response: timedout to ip
Server: 'http://mail.services.live.com/DeltaSync_v2.0.0/Sync.aspx'
Windows Live Mail Error ID: 0x8DE00002