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Microsoft’s SkyDrive cloud based storage has just had a new feature added to the service – the opportunity to recover from an Oops – didn’t mean to delete that file!

As the title states – SkyDrive is getting a Recycle Bin.

According to Omar Shahine, the group Program Manager for SkyDrive.com, in an official Inside SkyDrive post the update should get pushed out to everyone over the next 24 hours or so.

SkyDrive already keeps previous versions of your Office documents automatically. But students, in particular, have asked for a way to recover any file—even those deleted by accident, by someone else, during a group project. So, we’ve added a recycle bin to SkyDrive.

Prior to this release, when you deleted anything in SkyDrive you had to acknowledge and dismiss a warning dialog. This extra step got in the way of making delete as fast as it should be. Now, when you delete an item, we simply tell you that we did it and allow you to “undo” your action.

The link for the recycle bin will be in the lower left hand corner of your Skydrive screen and will have restore capabilities much like your desktop recycle bin on Windows.

Omar also states that the items in your bin do not count against your storage limit on SkyDrive but don’t think that means you will get a bunch of extra storage on the sly in the bin though:

We save all items you delete in the recycle bin for at least 3 days. If the content in your recycle bin gets large enough to exceed 10% of your storage limit (which will be pretty rare), we’ll start to delete the oldest content (after it’s been there 3 days), and will permanently remove items from the recycle bin after they have been there for 30 days (and not restored).

So anyone out there seen this update at SkyDrive.com yet?