I get a weekly email from the Download Team listing all of the new products available for download. In this weeks newsletter, the Outlook Client for EA 2 Clients was posted. So if you have access to Early Access of CRM Live, it is now available.
Microsoft Dynamics CRM Live EAII for Outlook enables access to the same data through Outlook as through Microsoft Dynamics CRM Live.
You can get these newsletters as well. Subscription Center and select the Download Notification Notifications. Well worth your time. I also find some nice little hotfixes, etc that get posted there.