I too hate LiveMail. Basically, I don't like my mail on someone else's server. Anyway - WinMail from Vista is just about the same as OE in appearance and format. It is possible to run WinMail in Win 7 if you have a Vista machine with it.
Copy all the WinMail files to a thumb drive or portable HDD, then create a folder in Win7 called WinMail under Program Files. Copy all those files into that folder and then create a shortcut (send to desktop) to the .EXE file. It works for me.
Alternatively, try Mozilla Thunderbird. It is very similar to OE. I also run Eudora Pro 7 in Win 7.
But, don't go back to XP 64bit it sucks.