Do They Mean Blogspot?

I received the following message from the Windows Live Team by e-mail. I'm not exactly sure if this means all of us who use Blogspot or if the Windows Live Spaces is something else entirely. Does everybody using Blogspot have to switch by January 2011? I'm confused. Can somebody help me and tell me what I'm supposed to do?

We are very excited to announce our collaboration with a premier and innovative blogging service, WordPress.com, to offer you an upgraded blogging experience. We'll help you migrate your current Windows Live Spaces blog to WordPress.com or you can download it to save for later. On March 16th, 2011 your current space will close.

With the new release of Windows Live services, we've made a series of changes and improvements across our products. We chose to partner to provide our users with a fantastic blogging solution. However, we realize the changes will have an impact on you - this email aims to address any concerns you may have.

Why is this happening?
Our customers have asked for richer blog functionality including an integrated statistics system, continuous saving of drafts and improvements to spam-fighting technology. To deliver the best possible blogging experience, we are collaborating with WordPress.com to provide their free service to you. For those of you that already have a blog on Windows Live Spaces, we will make it easier for you to get started while helping you move what you've already built up on Spaces.

What is the timeline?
Starting the end of September, 2010, when you visit your Windows Live Space you'll be given the opportunity to upgrade your blog by migrating it to WordPress.com and to download your content to save for later.

As of January 4th, 2011, you won't be able to make changes to your Spaces blog, but you can continue to review past posts, download your content to save for later and upgrade your blog to WordPress.com.

On March 16th, 2011 Windows Live Spaces will close and you will not be able to access or migrate your blog on Spaces.

What you need to do before Windows Live Spaces closes
Starting the end of September, when you visit your space you'll have the following options:
Upgrade your blog by migrating to WordPress.com - We will provide a simple way to move your blog posts and comments to WordPress.com.

Download your blog – You can download your old posts to keep a copy with you. You can also do this and then migrate to WordPress.com.

Delete your space - If you decide that you do not want to have a space anymore, you have the option to delete it permanently. If you want to save your content, please make sure to do that before deleting your space.

If you can't decide, take some time – Over the next few months, Windows Live Spaces will continue to be accessible while you make your decision. But we're very excited about what you can do on WordPress.com and hope you'll decide to take advantage of this improved blogging experience.

Note: some content such as gadgets, guestbook, lists, notes and draft posts won't be migrated. See FAQs for more info on how to preserve this type of content.