I've discovered what could actually suck worse than MS Office, Open Office, and the rest of the competition: the same thing, but hosted on a web server:
Microsoft is leaping into hosted applications big time. InformationWeek reports that Microsoft plans to offer hosted implementations of SharePoint, CRM and ERP applications. But the best quote in that article was left till last. A "Microsoft insider" was asked which other products and services Microsoft would host and the reply was: "Everything. Hosted Office. Everything hosted."
Yeah, that's what I want - server lag and possible network outages, in addition to the aggravation of not being able to put the $%^&*() bullet points where I want them.
I have a simpler solution for MS - how about you whack the Office team with a clue by four (especially the morons who dreamed up that gosh awful ribbon), and get the team to start from scratch - with the simple mission of creating something that doesn't make users pound their heads against the wall with every usage?