It's good to see that a large research institution like Microsoft Research realizes that having your papers freely available on the web is a good way to give it some visibility.
No, it's just a list. Look at http://research.microsoft.com/apps/pubs/default.aspx?id=1521... for example, no full-text download. It's sad, because most publishers allow authors to post a self-generated version of the text (i.e., the Latex output you generate yourself, vs. the official typeset journal print).