Microsoft's Page O' History, 0.4% Returns,P/E's and A Deal?

Friday's Links:

Microsoft taking a page from history.

At the end of 2007 a 0.4% annual return would not have turned any heads, however flash forward a year later when the average stock fund was down almost  -40%.

Should we weight the P/E ratio the same way companies are weighted in the index. 

A Deal for who?