Microsoft has just launched Office Live. Although, the rumors of Office Live made it seem like Microsoft was ready to launch a web based office suite to take on products such as Writely, the current beta is definitely not a web based office suite.
Microsoft Office Live is some of the following:
- Easy-to-use Web site design tool
- Free domain name and hosting
- 5 personalized e-mail accounts
- Storage and data transfer
- Web site traffic analysis and reporting tools
If the above feature set integrates nicely with AdCenter and Custom Domains I think Microsoft will have a very attractive product for end clients and eventually a new market for advertising revenue.