sending mail from localhost

Hi folks.,
is it possible to send mail from localhost using system.net.Mail service?
if so then let me know the settings and configurations to be set initially..
this is  my code which i tried to implement



try
{
string mailBody = "Hello world Hello world Hello world vHello world";
#region mail1
MailMessage MailMsg = new MailMessage("xxxx@hotmail.com", "yyyy@hotmail.com");
MailMsg.BodyEncoding = Encoding.UTF8;
MailMsg.Subject = "hello";
MailMsg.Body = mailBody;
Attachment at = new Attachment(HttpContext.Current.Server.MapPath("~/images/fun.jpg"));
MailMsg.Attachments.Add(at);
MailMsg.Priority = MailPriority.High;
MailMsg.IsBodyHtml = true;
SmtpCli ...