Microsoft Office Live Small Business Community

I need to cancel my account.  And I also need to point my domain name to the servers I will be using in the future. 

If I cancel, will Microsoft also "un-register" the domain name so that I can re-create it or point it to my own servers?

If Microsoft won't "un-register" the name is there a way for me to point the domain to my own servers? 

 Thanks

No, just make sure you mention it, they should provide you with an unlook key and from there your free to do whatever with your domain.