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Google Drive sharing permissions offer far more than Dropbox. You can make a folder public or private. For each person you share a file or folder with, you can give them the rights to edit, view and comment, or simply view. There's no "get a link" feature.
Google's apps are strictly browser-based; if you want offline editing, you need to use Chrome and make some configuration changes.
Docs don't offer the same full range of features as Microsoft Office programs and work best in an all-Google environment. Importing and exporting files to Office formats can result in missing or damaged formatting.
For collaborative projects having access to previous versions lets you roll back unwanted edits quickly.