No. Outlook Today is depreciated so it's unlikely to change in future
versions.

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Diane Poremsky [MVP - Outlook]
Author, Teach Yourself Outlook 2003 in 24 Hours
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> Can Outlook Today show appointments and recurring items like meetings or
> classes differently? When I look at Outlook Today the client appointments
[quoted text clipped - 4 lines]
> have my calendar open to a daily page where I can color items differently,
> but if there is a way to do this in Outlook Today, I would prefer that.