Integrate Project 2010 with Outlook 2010 through 365?

I had a user today ask me if there was a way to link Project with Outlook and I said, "Hmmm, interesting!",in that way that I do when I don't know what to say.  We don't have a local Exchange or SharePoint servers, at least not production, but we do have Office 365.  Does anyone know if the two can comingle?