Can You Save Hotmail Emails?

pretty sure if you set up the hotmail account to open with Windows live, the messages are then stored in a "Store File" on your hard drive.
Its been a few years since I worked with my store file , but I did transfer all of my emails to another computer back then. The fact that hotmail stores the messages on a server makes me say, I'm pretty sure" but cant honeslty remember if they were transfered as well when I did it, or if they just re downloaded fron hotmail server.