It looks like there are some changes happening at Hotmail. As of today I'm seeing images loading without any of the "Attachments, pictures and links in this message have been blocked for your safety... Show content" stuff. It looks like it's only for IP ranges with good rep though. Since they're going to be changing to "Newmail" maybe this is going to be their new normal? One can hope.
Hmmm I've been a gmail user for years now. Although if this let's reputable IP's inbox with images already displaying; that's cool.