I went to my skydrive today and noticed it was not 5GB, not 1GB and no longer beta.  According to the official blog besides the things in the blog title it is also:

This release also includes bug fixes and improvements to make the site even faster and more reliable. We’re proud of this release — so proud, in fact, that we’re officially removing the Beta tag!

The Windows Live wire blog said (Windows Live Wire: Bigger, better, faster SkyDrive!):

Improvements to Windows Live SkyDrive, including 5 GB of free online storage, were released to the public today in 38 countries or regions around the world!

SkyDrive provides free, password-protected online file storage and sharing. It's a great way to make sure your files are available to you from any computer, without having to carry them around on a flash drive. I also find it really useful for sharing files that may be too big to send in e-mail.

It's dead simple to use, so go ahead and try it out.

New in this release:

• Free online storage is increasing from 1GB to 5 GB
• Now available in many more places around the world (see if it's available where you live)
• Faster and more reliable service
• Not in beta anymore--this time it's official!

SkyDrive takes its place in the ever-growing collection of Windows Live offerings (Hotmail, Mail, Photo Gallery, Calendar, Spaces, Writer, Messenger, Events, Toolbar, and OneCare Family Safety). With file storage and sharing on SkyDrive, you have one more tool to help you manage your online world.

ttfn

David