Anyone who lives in even a smaller city knows the importance of neighborhoods. Portland (where I live), for example, is really more like a collection of many connected small towns. Each has its own handful of coffee shops and restaurants. The people behind GeoReach API (our GeoReach API profile) understand this. The API provides neighborhood boundaries, along with local content.
It's been a short time since Microsoft announced the release of Bing, their next generation search platform (with its own Bing API). Along with the name change, several of Microsoft's product offerings have also rebranded, including two core mapping products: Live Search Maps and Virtual Earth. This means that Virtual Earth API will be no more -- it is now officially called the Bing Maps API (we've added a new Bing Maps API profile).