CNET posted an article about Microsoft's plans to give a starter version of Office free. Most new computers purchased after the expected June 2010 release will come with the starter version of Office installed.
I am currently using the trial beta version of 2010. The streaming download was phenomenal! I am just beginning to explore the cloud computing options. I have been using Windows Live since the inception. Office 2010 uses the term "Skydrive" for the off-line file manager.
Of course, I also use Zoho, OpenOffice.org, Google docs and IBM Lotus Symphony as comparitive office software packages.
http://news.cnet.com/8301-13860_3-20001553-56.html?tag=newsLeadStoriesArea
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