[ShadowAce]

Not to mention availability of my data (Web storage).

Yeah. I didn't mention that because I didn't read the article closely enough to determine whether the data would be stored locally or on the Web.

[N3WBI3]

At this point its all speculation. But given what google did with 'google earth' you can buy a standalone app for your desktop, you can buy a server, or you can run web based. I would guess the office product will be the same way.

Imagine only having to maintain a couple of clustered intranet servers to maintain the office suite for a mid sized company. Its the next best think to dumb workstations booting off of terminal servers... 1980's here we come ;)