I'm not sure why you expected any different, better formatting doesn't make a boring content any less boring; if you don't enjoy legalese pretty colors and bold sections aren't going to change that.
Still, a lot better than a lot of other TOS out there that you can't properly read even if you want to because ALL CAPS EVERYWHERE.
Granted, Microsoft's lawyers probably wouldn't approve (because people might argue that they're agreeing to the simplified terms that have wriggle room and not the iron-clad legalese).
I think that works for CC because the people using the license are using the license and not the summary. It's ok if a third party to the licensor provides a summary.
Still, a lot better than a lot of other TOS out there that you can't properly read even if you want to because ALL CAPS EVERYWHERE.