Microsoft has introduced a new process within Hotmail that allows users to run code within an email client or browser. It’s called Hotmail Active Views and is, you guessed it, part of the company’s Hotmail service.

Microsoft’s new Active Views for Hotmail is an interesting beast. The company has taken a bunch of enterprise partners, starting with Orbitz and Monster.com, and allowed them to run code right from within your email. Since the partners (and email content) are carefully vetted by Microsoft, potential security concerns are kept to a minimum allowing users to enjoy the power of interactive forms and search widgets without the danger of hidden malicious code. Although, as it’s a new service, the dangers are not immediately clear.

More on this as it develops.