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The funny thing with MS Office 2008 for the Mac (with or without the update) is that it's very slick, but boy, there are so many bugs that I had to resort to MS Office 2004 for the Mac (less slick but much less buggy). For example, open a Powerpoint presentation and copy and paste some text on a slide to a Word document (that terminates Word without any warning!). Try to use graphics in a text in Word, for example text boxes, arrows, etc. When you want to move one object (e.g., an arrow), some of the other objects also move, with no reason (and I could go on and on). For simple word processing and spreadsheet documents, I now use Apple's suite (Pages and Numbers) and export these documents to Word or Excel. In my (recent) experience, Pages and Numbers work fine (and cost less).
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