I think Office '97 is their best effort. For example, it doesn't open a copy of word for every freakin' doc file you have open... For some reason, Excel has pretty much stayed good thru later versions, but Word just gets worse ans worse. You could probably pick that up for a song.
I keep Open Office installed so I can open .xlsx and .docx files, but OO has it's own issues, so I just use it to convert to the pre X file and use '97. It's surprising how seldom I run across the X file versions, as my clients send me stuff about weekly.