I did have a link forwarded to me, which I found very valuable:

"Microsoft's Office Web Apps - Google killing not included"
http://www.theregister.co.uk/2010/04/27/office_2010_web_apps_review

I found the title interesting, because the article is only illustrating an
approximately equal review of google apps, and office web apps.  But they
didn't even mention the one thing that I care about the most ... Keeping my
company's private data out of the hands of google.  So I have control of the
security, and so there exists some possibility for backups.

Also, as mentioned in the article, the functionality of the web version
pales in comparison to the installed version on your computer.  But that has
always been true of the web version of google apps, too.

So I also really care about having access to the files via CIFS.  This way
you're satisfying (a) the people who want to access their docs remotely
without VPN or CIFS  (b) the people who want fully featured installed
applications, and are willing to go over CIFS to do it, and (c) the IT
person and CFO, and CEO, who can't afford to risk the company jewels without
any safetynet.

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