If you are not already familiar with Google apps you should be.
Google Apps is a set of online office tools similar to MS Office, including an word processor, spreadsheet application, and Presentation Creator. All of course are compatible with Microsoft's Office products. Google makes it seamless to share your docs to others and collaborate your work in real time.
The only difference is that they are free and you can access your documents anywhere in the world.
Well apparently Microsoft has had enough of this and is going to try to compete with google.
Shouldn't they know you can't beat Google?
Read the article below for more info on Microsoft Albany project.
http://www.infoworld.com/archives/em...le-Docs_1.html