I am wondering the same thing.
(ii) Commercial, Non-Commercial or Government use: If
you would like to develop or host an Application that is designed to
access and use the service for commercial, non-commercial or government
use, provided that such use is not educational or non-profit as defined
under Section 2(i), and your Application and content will be available
publically without restriction (for example, login or password must not
be required) you may do so without entering into a MWS/BM agreement or
licensing the service through Microsoft Volume Licensing by complying
with the following terms:
Which pretty much rules out our application given we are user based and have a login.
Is this correct?