Email account hijacking has been one of the top problems I've faced while helping users on security forums. Big part of affected accounts is from Hotmail. Hotmail team knows about the problem and have developed two new features in order to help prevent account hijacking.
One of these is to let Hotmail user report if they suspect some of their friend's account as compromised. In situation like this user can take advantage of "My friend's been hacked!" feature on the "Mark as" menu. Alternatively, account can be reported as compromised while moving message to the Junk folder. Reporting isn't limited to Hotmail accounts only but accounts from other email providers like Yahoo and Gmail can be reported too. The second new feature prevents user from using common passwords as their account password.
More about these features can be read from related blog post in Windows Live blog.
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