Is the message below really from Hotmail?

We've updated the Microsoft Services Agreement, which governs many of our online services - including your Microsoft account and many of our online products and services for consumers, such as Hotmail, SkyDrive, Bing, MSN, Office.com, Windows Live Messenger, Windows Photo Gallery, Windows Movie Maker, Windows Mail Desktop, and Windows Writer. Please read over the new Microsoft Services Agreement here to familiarize yourself with the changes we've made. To complete the changes you must Login your information within 48 hours by Sign in. Windows Live ID: (*** Email address is removed for privacy ***). Password: To save your account the link below:

https://login.live.com//config/login_verify2?&.src=hotmail

Failure to confirm your records in 24 hours may result in permanent account suspension. The security verification process is automated and is not designed to be time-intensive. In most situations, you should be able to confirm your identity and restore your account in a few minutes.