Google Docs & Spreadsheets

• Google Docs & Spreadsheets is a web-based word processor and spreadsheet, which allows users to communicate and pool resources online at no cost.
• Can assist its users with making corrections, sharing, and administering online documents
• Allows user to edit and upload quickly
• Can import existing documents and spreadsheets, or create a new one from scratch
• Allows the user to edit from anywhere - all you need is a web browser and your documents as well as your spreadsheets are stored securely online
• Allows the user to share changes instantaneously. You can encourage others to review your documents and spreadsheets, as well as make changes simultaneously
• You can create basic documents and spreadsheets from scratch.For instance, you can easily do all the basics, including making bulleted lists, sorting by columns, adding tables, images, comments, formulas, changing fonts and more at no cost.
• With Google Docs & Spreadsheet you can upload your existing files.Google Docs & Spreadsheets accepts most popular file formats, including DOC, XLS, ODT, ODS, RTF, CSV, etc. You can upload your existing files; all your formatting and formulas will come through intact.
• The recognizable desktop makes editing a breeze. All you have to do is click the toolbar buttons to bold, underline, indent, change the font or number format, and change the cell background color and so on.
• Sharing allows users to choose who they want to access their documents and spreadsheets. Just enter the email addresses of the people with whom you want to share a given file and send them an invitation.
• Anyone you've invited to either edit or view your document or spreadsheet can access it as soon as they sign in.
  While multiple people are viewing and making changes at the same time, there is an on-screen chat window for spreadsheets, and document revisions show you exactly who changed what, and when.
• There's nothing to download; you access your documents and spreadsheets from any computer with an Internet connection and a standard browser at no cost.
• Online storage and auto-save means you do not have to fear local hard drive failures and power outages.
• You can save your files to your own computer in DOC, XLS, CSV, ODS, ODT, PDF, RTF and HTML formats.
• You can publish your documents and spreadsheets online with one click, as normal-looking web pages, without having to learn anything new.
• You can publish to the entire world, just a few people or no one -- it's up to you. You can also unpublish at any time.
• Once you've created a document, you can post it to your blog. Any tags you've added to your document will become the post's blog categories.
• Take a quick look at http://reviews.cnet.com/Google_Docs_Spreadsheets/4505-9239_7-32115919.html?tag=box wherein CNET editors reveal the good and bad ratings of Google Docs & Spreadsheets.