Looks like Skype is already taking over
Windows Live Messenger hasn’t even been shut down yet (due to occur in mid-March) but it looks like Skype has already taken over, as can be seen here when a Public IM Connectivity is enabled for an Office 365 (current version) tenant:

Tags: federation, PIC, Skype, Windows Live Messenger
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Office 365 and Skype Federation « Immencloud
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[...] and Skype federation. Like my fellow Office 365 MVP Loryan Strant in his blog already stated http://thecloudmouth.com/2013/01/25/looks-like-skype-is-already-taking-over/ Microsoft doesn’t talk about IM with live id but talks about federation with public IM: [...]
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