Got it working on my Mac Mail now
Here's the settings:
• POP server: pop3.live.com
• POP SSL required? Yes
• User name: Your Windows Live ID, for example yourname@hotmail.com
• Password: The password you usually use to sign in to Hotmail or Windows Live
• SMTP server: smtp.live.com
• Authentication required? Yes (this matches your POP username and password)
• TLS/SSL required? Yes
Working for me (United Kingdom)