Microsoft is releasing its Skydrive service from beta today, increasing storage space to 5GB, up from its previous limit of 1GB.

The online file storage service launched in beta last year, but is now openly available to the public. Users of the service can choose to make uploaded files privately, share them with select contacts or even open them up to completely public access.  In addition to upping the storage and dropping the beta tag, Skydrive is now available in many more countries outside of the U.S.