Microsoft’s Office Live is now up and running for everyone to poke around. Here’s my take on it: it looks promising if you can tolerate the Office 2007 ribbons. If you can’t tolerate the ribbons, stick with Google Docs for cloud word processing.
Try it out:
http://office.live.com/?docsf=1&wa=wsignin1.0
http://www.google.com/buzz/jonathan.mallin/bnN3Rwnjnn1/Anyone-with-opinions-on-the-new-Office-online
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