Cut and Paste,
"Thanks to your participation, we were able to accomplish the goals of the Max project—to get customer feedback on new ways to approach software and services. If you’re interested in seeing where we go with these ideas, keep your eye on Windows Live."
"Starting today, we will be disabling all downloads from our website. In the next week, we will be shutting down the Max services and our team forums."
I personally never used it but read about it here and there,it was a image organizing application to the best
of my knowledge.It was some what shocking to see such a short lived project though.