A smiley face used to show emotion. Doesn't necessarily have to be a face, as MSN Messenger uses other things as well.
The best emoticons are on DeviantArt
:D - Very Happy
:) - Happy
:( - Sad
:P - Sticking tongue out
and my favorite...
^o) - MSN's raised eyebrow emoticon... (the "what the crap?" look)
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