I heard about that - and now there are crowds of Office Suites that can replace MS Office... Open Office is killer, 50 meg download and has a word processor, spreadsheet, photo editor, and a presentation (powerpoint) program that are all compatible (mostly) with MS Office.
I like AbiWord for instances where hard drive space is an issue, as it is only a word processor.
I also have used 602PC Pro Suite, which also is kind of fuller featured - word processor, spreadsheet, photo editor, and power-point thing...
All of the above are free (602 requires a registration, if I remember correctly).