Microsoft is holding yet another feature update event for its Bing search service later today at its Silicon Valley HQ.

Microsoft (MSFT) Online Services Division President Qi Lu will be there, as well as SVP Yusuf Mehdi, for–according to the invite–”a conversation about new directions and future opportunities of search and a demonstration of some new search innovation by Bing.”

Those two are the big guns at Bing, so this won’t be a minor update.

As has been widely reported, a lot will be about its continuing integration with Facebook data, which BoomTown scooped out last year.

Big giant and sustained yawn, since it is a year gone and everyone is doing this in some fashion, including Google (GOOG) and Yahoo (YHOO).

Unless, of course, it is executed in some distinct and unusual manner.

Maybe a search of Facebook CEO and co-founder Mark Zuckerberg’s data, every time yours is displayed without explicit permission?

We can dream!

I am hoping, as before, there is some kind of mapping update, since Bing often shows some cool new stuff at these regular events.

And I’ll be asking about how the Yahoo search and online advertising partnership is going, natch.

Liveblogging and possible video attack to begin at 11:30 am PT. (Note to Microsoft minions: Donuts, not cream puffs.)

(BoomTown is still in an Elmer’s glue coma from making 252 handmade cards with 33 pounds of glitter, which my sons’ school insists on instead of the store-bought kind from Walgreens that I prefer.)

In any case, big, sloppy hugs all around to the readers of All Things Digital–except for those who know just who they are.

But to make up, please don’t think sending a romantic Twitter to us or one of those dumb digital virtual gifts of silly-looking little animals and baked goods on Facebook is going to cut it.

That’s right, you need to send a whole email to show that you really care! And maybe an iTunes gift certificate for Jill Sobule’s fabulous new “California Years” record too (I am wearing out my advanced copy, but it is officially out in April, including the apt song, “Bloody Valentine”).

Also a Tesla.

After all, love is bling.