In this paper, we propose a new design that integrates and coordinates emerging Web 2.0 services into ePortfolio systems to enable community-wide annotation, interaction, and collaboration, with the goal of enhancing the learning experience for individuals as well as the community. We review relevant literatures, theories, and development of traditional ePortfolio systems. We conduct a preliminary survey study to explore users' perceived values in ePortfolio and Web 2.0 services.