I was invited to a little dinner tonight, along with John Landry and some others, with the visiting Dan'l Lewin of Microsoft...Earlier in the dinner we all introduced ourselves and Dan'l answered some questions about Live...Basically, he sounded like he couldn't say much and/or didn't know the answers and that we'll find out more in the spring (and is probably pretty happy the recording didn't come out...). He didn't seem keen on the idea of OWA-like (Outlook Web Access) versions of Word, Powerpoint, and Excel. Some of us let him know that's what we expected him to say but were surprised because it's what people want. (I had already told him some about wikiCalc.)
I can understand the Office guys aren't keen on building Web-based versions of their flagship apps but they are going to have get over it. They will eventually have to do it. The only question is whether they will lead, follow or get the hell out of the way.