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Is there free software that will work with Word and Excel documents or do I have to buy MS Office? It doesn't need to have all features of MS (in fact, I'd rather it didn't) but I would like more than bare bones word processing and spreadsheet functionality (better then WordPad).

OpenOffice.org. I use it on Linux, Mac and Win XP. On the Mac, it's not very well integrated with the rest of the environment (it uses it's own UI/style under X11), but it does everything MS Office does...