I thought I should offer some clearer info on what is coming in Office Live Workspace

Available at no charge, Office Live Workspace facilitates the following :

• Access documents anywhere. Organise documents and projects for work, school and home online, and work on them from almost any computer - even one not connected to the company or school network. Save more than 1,000 Microsoft Office documents to one place online and access them via the Web.

• Share with others. Work collaboratively on a project with others in a password-protected, invitation-only online workspace, helping to eliminate version-control challenges when e-mailing drafts to multiple people. Collaborators who don't have a desktop version of Microsoft Office software can still view and comment on the document in a browser.

• Extend Microsoft Office. Easily connect to Microsoft Office Word, PowerPoint^®, Excel^® and Outlook^® on their PC via the Web.

Pre-register for the beta of Office Live Workspace today at www.officelive.co.uk

Some people are equating this to Google Docs (Microsoft Unveils its Answer to Google Docs), but this is about sharing information using Office or other tools.  It is not about 2 people being online at the same time editing the same document.  While people talk about this I have never had a need to do this, so for me, all the functionality of Office, plus an online place to share and store them is much better.

ttfn

David